Top 15 countries for Average Wealth and Median Wealth respectively

[krikering]

Source:




Shows really how jialat the wealth inequality is in SG. As Louis Chua said, there're 2 Singapores now.

 

[Visor9999]

Sg should be number 1 if count hdb asset. Even 5 room can sell 1.5m

 

[dereth]

How quickly we drop out of the list once average is changed to median.

Says something doesn't it?

 

[footi3]

here is rich man playground

 

[Prime 13]

Something seems wrong with the data.

 

[cyke69sg]

Source:




Shows really how jialat the wealth inequality is in SG. As Louis Chua said, there're 2 Singapores now.

wow how come SG the median so low that not even on the list? Sweden and Taiwan also countries in the Average top 15 list that didn't make the median top 15 list. But they were on the low ranked 14 and 15.

SG so high rank 7 average but not in top 15 for median.

Really wealth inequality very high in SG.

 

[cyke69sg]

How quickly we drop out of the list once average is changed to median.

Says something doesn't it?

If you notice it is the countries with low taxation policies that don't quite make the top 15 median list. Except maybe Hong Kong.

 

[snowblaze]

I don’t trust the data.

there is no way the 50th person I. Singapore has less than $124k usd.

 

[krikering]

If you notice it is the countries with low taxation policies that don't quite make the top 15 median list. Except maybe Hong Kong.

CPF can be considered as tax, personally feel that just because it can be used for housing, etc. does not mean it is should not be considered as tax.

In a way, it still functions similar to pension schemes in other countries.

Honestly speaking, SG has low to zero taxes on capital gains and estates, etc.

Which means that SG is a prime destination for real estate speculation amd also as a hub to park wealth, etc.

Thus huge inflow into properties, which in turn jack up housing and rent (which in turns drives up COLs), etc.

The SEHC saga, etc. you feel recently, all are a part of this bigger issue. SG is actually close to being a full-blown Landlord Economy right now.

In fact, our health care, etc. takes a huge chunk due to restrictive Medisave requirements and also how expensive insurance policies costs, etc.

SG is a very high cost country to be honest, our home-ownership rates is built on the "99 Years" scheme which is now a ticking time bomb due to the current ongoing lease decay situation.

Our budget surplus is practically built on thr foundation of scrimping on Education and Health care, etc. and make people pay out of own pockets.

 

[zzangiefzz]

1.5 qualify for gst voucher earn below 39k

 

[cyke69sg]

CPF can be considered as tax, personally feel that just because it can be used for housing, etc. does not mean it is should not be considered as tax.

In a way, it still functions similar to pension schemes in other countries.

Honestly speaking, SG has low to zero taxes on capital gains and estates, etc.

Which means that SG is a prime destination for real estate speculation amd also as a hub to park wealth, etc.

Thus huge inflow into properties, which in turn jack up housing and rent (which in turns drives up COLs), etc.

The SEHC saga, etc. you feel recently, all are a part of this bigger issue. SG is actually close to being a full-blown Landlord Economy right now.

In fact, our health care, etc. takes a huge chunk due to restrictive Medisave requirements and also how expensive insurance policies costs, etc.

SG is a very high cost country to be honest, our home-ownership rates is built on the "99 Years" scheme which is now a ticking time bomb due to the current ongoing lease decay situation.

Our budget surplus is practically built on thr foundation of scrimping on Education and Health care, etc. and make people pay out of own pockets.

Singapore has no natural resources.
Everything got to buy. Energy. Food. Water processing also need energy.
So money is the most important in Singapore.

CPF is not tax. Is still your money. But yes can look at it as mandatory pension plan.

 

[cyke69sg]

CPF can be considered as tax, personally feel that just because it can be used for housing, etc. does not mean it is should not be considered as tax.

In a way, it still functions similar to pension schemes in other countries.

Honestly speaking, SG has low to zero taxes on capital gains and estates, etc.

Which means that SG is a prime destination for real estate speculation amd also as a hub to park wealth, etc.

Thus huge inflow into properties, which in turn jack up housing and rent (which in turns drives up COLs), etc.

The SEHC saga, etc. you feel recently, all are a part of this bigger issue. SG is actually close to being a full-blown Landlord Economy right now.

In fact, our health care, etc. takes a huge chunk due to restrictive Medisave requirements and also how expensive insurance policies costs, etc.

SG is a very high cost country to be honest, our home-ownership rates is built on the "99 Years" scheme which is now a ticking time bomb due to the current ongoing lease decay situation.

Our budget surplus is practically built on thr foundation of scrimping on Education and Health care, etc. and make people pay out of own pockets.

SG no capital gains tax and investment income tax is excellent for investors. SG is moving away from workers to investors.
We are seeing this globally
Those who work and focus on earning money will be poorer in the next few decades compared to the ones who invest.

 

[iceblendedchoc]

CPF can be considered as tax, personally feel that just because it can be used for housing, etc. does not mean it is should not be considered as tax.

In a way, it still functions similar to pension schemes in other countries.

Honestly speaking, SG has low to zero taxes on capital gains and estates, etc.

Which means that SG is a prime destination for real estate speculation amd also as a hub to park wealth, etc.

Thus huge inflow into properties, which in turn jack up housing and rent (which in turns drives up COLs), etc.

The SEHC saga, etc. you feel recently, all are a part of this bigger issue. SG is actually close to being a full-blown Landlord Economy right now.

In fact, our health care, etc. takes a huge chunk due to restrictive Medisave requirements and also how expensive insurance policies costs, etc.

SG is a very high cost country to be honest, our home-ownership rates is built on the "99 Years" scheme which is now a ticking time bomb due to the current ongoing lease decay situation.

Our budget surplus is practically built on thr foundation of scrimping on Education and Health care, etc. and make people pay out of own pockets.

no worry, pap cancel sers to save money, give you vers, your vote cannot hit not PAP fault, the people can blame the hdb flat owners who voted no. Hit enough vote to get vers, get lesser payout since flats already 70 years old, take on new loan and it is also hdb owners own problem. PAP get away again !

 

[krikering]

Singapore has no natural resources.
Everything got to buy. Energy. Food. Water processing also need energy.
So money is the most important in Singapore.

CPF is not tax. Is still your money. But yes can look at it as mandatory pension plan.

Disagree on the 2nd part but can see where you can coming from ba.

CPF system may perhaps be 1 of the main reasons why so many elderlies still have to work when old.

Due to alot of them already used up CPF and healthcare, etc. when young to pay for housing, etc.

But trade-off is that we no need a huge young working population to sustain the pension payouts for the older folks.

So CPF honestly overall not that bad of a system, but compared to Netherlands (usually ranked #1 each year by Mercer) is still lacking in a sense.

 

[cyke69sg]

no worry, pap cancel sers to save money, give you vers, your vote cannot hit not PAP fault, the people can blame the hdb flat owners who voted no. Hit enough vote to get vers, get lesser payout since flats already 70 years old, take on new loan and it is also hdb owners own problem. PAP get away again !

Most SGreans feel rich. Which is why they vote PAP.

 

[cyke69sg]

Disagree on the 2nd part but can see where you can coming from ba.

CPF system may perhaps be 1 of the main reasons why so many elderlies still have to work when old.

Due to alot of them already used up CPF and healthcare, etc. when young to pay for housing, etc.

But trade-off is that we no need a huge young working population to sustain the pension payouts for the older folks.

So CPF honestly overall not that bad of a system, but compared to Netherlands (usually ranked #1 each year by Mercer) is still lacking in a sense.

What is Netherlands system?

SGD still stronger than most of the countries in both lists. Goes to show how rich and wealthy SG is.

Data is always going to be flawed in some way.

And most importantly as long as someone is on the upper half of the average (not even median) then why bother about the lower half?

This has always been the SG culture. Push to get into the upper 50% and even better top 10% top 1%.

From my experience as a SGrean and still from listening to SGreans now, no one cares about the less well to do in SG except the govt. In fact SGreans will feel good that they are doing better than someone not doing so well.

 

[W1n7f1r3]

Median wealth better gauge as avg wealth cn hav those outliers which push up the index

 

[Wanderer123]

Source:




Shows really how jialat the wealth inequality is in SG. As Louis Chua said, there're 2 Singapores now.

Median is more accurate, average not useful as there are too many super rich in sg.

 

[krikering]

What is Netherlands system?

SGD still stronger than most of the countries in both lists. Goes to show how rich and wealthy SG is.

Data is always going to be flawed in some way.

And most importantly as long as someone is on the upper half of the average (not even median) then why bother about the lower half?

This has always been the SG culture. Push to get into the upper 50% and even better top 10% top 1%.

From my experience as a SGrean and still from listening to SGreans now, no one cares about the less well to do in SG except the govt. In fact SGreans will feel good that they are doing better than someone not doing so well.

https://en.m.wikipedia.org/wiki/Pensions_in_the_Netherlands

You can reference above ba


https://www.mercer.com/insights/inv...x/#embed-accordion-c8fd991543-item-69df0cc2eb

SG usually is ranked between 5th to 10th one, each year different but Netherlands most of the time is at least top 3 (if not #1)

 

[cyke69sg]

https://en.m.wikipedia.org/wiki/Pensions_in_the_Netherlands

You can reference above ba


https://www.mercer.com/insights/inv...x/#embed-accordion-c8fd991543-item-69df0cc2eb

SG usually is ranked between 5th to 10th one, each year different but Netherlands most of the time is at least top 3 (if not #1)

Canada also got Canada Pension Plan (CPP) and Old Age Security (OAS)

Canada Pension Plan (CPP)​

• The average monthly CPP retirement pension for new beneficiaries at age 65 is approximately CAD 808.14, based on data from late 2024 to early 2025 Fidelity Investments CanadaCHIPATB Financial.
• The maximum possible CPP payment at age 65 is CAD 1,433.00 per month, as of January 2025 Canada.caCHIPInvestopedia.

Old Age Security (OAS)​

• For individuals aged 65 to 74, the maximum monthly OAS pension is CAD 734.95, based on July–September 2025 rates Canada.ca+1.
• If someone delays claiming OAS beyond age 65, payments increase by 0.6% per month (about 7.2% per year), but these figures represent starting at age 65 Canada.ca.
• Note: OAS amounts depend on income and years of residency in Canada. A full pension requires at least 40 years residence after age 18—otherwise, amounts are prorated CHIPWikipedia.

---

Combined Average Monthly CPP + OAS​

Putting the averages together:

• CPP (average): ~$808.14
• OAS (maximum): ~$734.95
• Combined (approximate average): CAD 1,543.09 per month

Considerations & Variability​

Benefit	Average / Max	Notes
CPP	CAD 808.14 (avg) / CAD 1,433.00 (max)	Depends on contribution history and retirement timing
OAS	Up to CAD 734.95	Based on full eligibility and no income clawback

Actual amounts vary—CPP depends on earnings and contributions; OAS depends on residency years and income (high earners may face a recovery tax) Canada.ca+1.

• Low-income seniors may also receive the Guaranteed Income Supplement (GIS), which can significantly increase monthly income, but is income-tested Canada.caWikipedia.
• Cost-of-Living Adjustments (COLA) are applied regularly to both CPP and OAS in response to inflation