How Much Savings Should You Have By 30? Is $100K Possible?

PorkDestroyer

Junior Member
Joined
Jul 13, 2023
Messages
20
Reaction score
5


Any new working adults trying to save up, invest, or just make sense of personal finance? How much should you really have saved by 30? Is hitting $100K realistic?
 

Acetone

Great Supremacy Member
Joined
May 20, 2005
Messages
62,749
Reaction score
13,978
About at least $150k-$200k… assuming not yet married and haven’t bought house.
 

lampano

High Supremacy Member
Joined
Jan 9, 2007
Messages
25,816
Reaction score
9,508
many BBFA very rich but has a loser life.....so got money got use mah
 

mistersatki_

Arch-Supremacy Member
Joined
Sep 29, 2011
Messages
18,436
Reaction score
1,101
100k by 30
200k by 35
300k by 40

This is your investments and what not
Not including your cpf and own home stay
 

junlove

Master Member
Joined
Jun 19, 2000
Messages
4,104
Reaction score
899
overall wealth very varied, not how much you save, it's how much overall you have. some put property, some put savings, some chiong investments...

u can have 100k by 30s, another made money via investments get 150k with same capital over the years.
another kuku lost money and only left with 50k with same infusion of capital over the years.
 

blackvice

Master Member
Joined
Apr 6, 2006
Messages
4,608
Reaction score
1,035
If you marry to a girl that die die wants to hold her wedding in atas hotel ballroom with at least 20 tables, plus other Wu eh bo eh stuffs, it can easily wipe out 100k
 

Spike

High Supremacy Member
Joined
Apr 1, 2022
Messages
35,162
Reaction score
37,665
Ask papa to give $1M to have $1M savings by 30 yrs old. More satki. :o
 

Devoan

Member
Joined
Jul 20, 2023
Messages
463
Reaction score
499
I had more than $100k saved by age 30, just collected my HDB.

Unfortunately, lost everything and all insurance policies in a failed business.

It's not only about saving, its about planning and prudence after you have the money. There are no lessons no exact science to how to do it correctly.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top