Have how much income per yr or networth then consider rich?

[Imboredtodeath]

Whats the bare minimum?

Imo 1m per yr upwards then considered rich. Thats like perm sec or general level salary.

If networth wise i think >5m considered rich bah

[Imboredtodeath]

Well to do probably 250k upwards

[Arctic]

Not sure considering even $1mil is so small nowadays but will probably do for a bbfa

[Imboredtodeath]

Not sure considering even $1mil is so small nowadays but will probably do for a bbfa

it's quite sad. people say wah, 1m u also say little. but if u talk to those educated ones, incl the aunties in my company who are like 70-ish

they also feel 1m is nothing and shit nowadays, looking at housing market, COE, costs of living and everything else, including medical costs, let's say starting a family and having just 1-2 kids

costs of necessities and those needs/wants like computer or mobile phones. well mobile phones can get $500 and below la

but PC/laptop all these really price/performance

even a can of paint is $100 or more. i rem last time is like $50-$60 only that was like maybe 10 yrs ago

1m networth is really nothing nowadays. 4 room flat at prime area (new BTO is about 500k)

resale is 350k for 50 yrs lease left (my place)

car last time 100k is + COE... now COE alone is around 100k. a normal bread and butter car.......... i think 150k in total

similanjiao?

fuck the PAP and somemore other stuff also ex including milk for kids... a lot of basic necessities

and they still bring in JHK/JHB


if you buy a 4 room, congrats, just house + reno alone probably 700k gone esp in prime areas. resale ones are 1m and above at boon keng/kallang/red hill, tanjong rhu etc

motherfucking PAPs

just house alone is 1m liao, how can 1m be considered as middle income. i think around 2m+ then consider mid income/networth

[Imboredtodeath]

~5m in networth i think is a mid-high above avg income

if we were earning our parents' salaries we cant even live honestly. and the biggest joke is they didnt have degrees yet they have job security

earned much less yet housing is 100x more affordable, can afford to have kids, rest and buy stuff here and there and afford retirement

our generation dont need to think about the above.

[Suntan]

HNI in Sg at $10M and that is the lowest rung.

As long as we are not using connection or biz to get property selling at S$88M, all are at poverty line below $10M.

[BuiBuiForeverAlone]

Minimally 10 million SGD. 10 mio today is the equivalent to 1 mio in the 2000s. In another 10years time the minimum would be 100 mio.

[BuiBuiForeverAlone]

~5m in networth i think is a mid-high above avg income

if we were earning our parents' salaries we cant even live honestly. and the biggest joke is they didnt have degrees yet they have job security

earned much less yet housing is 100x more affordable, can afford to have kids, rest and buy stuff here and there and afford retirement

our generation dont need to think about the above.

Fiat is inflationary and it erodes savings. Working in a 9-5 as a rank and file employee earning up to 5K is no different to low wage workers in the 60s/70s in terms of paygrade (taking inflation into account). Degree is the "new O levels certificate".

[Arctic]

Fiat is inflationary and it erodes savings. Working in a 9-5 as a rank and file employee earning up to 5K is no different to low wage workers in the 60s/70s in terms of paygrade (taking inflation into account). Degree is the "new O levels certificate".

HDB is the best way to enslave citizens. After buying hdb, I know many ppl become very guai, dun dare to talk bad about gov, dun dare to talk about politics etc. Everyday just go work and then go home. Diam diam

Some say they are enlightened that's why they diam diam hahah

[Arctic]

it's quite sad. people say wah, 1m u also say little. but if u talk to those educated ones, incl the aunties in my company who are like 70-ish

they also feel 1m is nothing and shit nowadays, looking at housing market, COE, costs of living and everything else, including medical costs, let's say starting a family and having just 1-2 kids

costs of necessities and those needs/wants like computer or mobile phones. well mobile phones can get $500 and below la

but PC/laptop all these really price/performance

even a can of paint is $100 or more. i rem last time is like $50-$60 only that was like maybe 10 yrs ago

1m networth is really nothing nowadays. 4 room flat at prime area (new BTO is about 500k)

resale is 350k for 50 yrs lease left (my place)

car last time 100k is + COE... now COE alone is around 100k. a normal bread and butter car.......... i think 150k in total

similanjiao?

fuck the PAP and somemore other stuff also ex including milk for kids... a lot of basic necessities

and they still bring in JHK/JHB


if you buy a 4 room, congrats, just house + reno alone probably 700k gone esp in prime areas. resale ones are 1m and above at boon keng/kallang/red hill, tanjong rhu etc

motherfucking PAPs

just house alone is 1m liao, how can 1m be considered as middle income. i think around 2m+ then consider mid income/networth

The only thing I can add on is if you have children, pls save up for them. I know of many parents who already save up and/or bought houses for their childre, forget about your branded shit and hols. Mark lee is one gd example

[BuiBuiForeverAlone]

HDB is the best way to enslave citizens. After buying hdb, I know many ppl become very guai, dun dare to talk bad about gov, dun dare to talk about politics etc. Everyday just go work and then go home. Diam diam

Some say they are enlightened that's why they diam diam hahah

So true. Like kena gongtao suddenly and become fearful of govt because they took housing loan and need to repay asap.

[Imboredtodeath]

Last time if u win 600k toto. Or 1m toto u are made it for life liao.

200k can get 4 room. 100k can get a merc with coe. Or less

Still got 300k more. Can all in buy a condo maybe with a bit more to pay. Say 200k loan which all of us can pay for with say 3+k pay.

If 1m means u probably have 200k left for holidays or savings.

Now 1m toto is a joke. If u get a 4 room resale hdb in prime area still need to top up.

This all happened under PAP in less than 30 years. Closer to 20.

So called improvement in standards of living.

Knnbccb lhl and pap.

U call this improvement? This is regression than anything

Last time that 600k or 1m u can immediately retire and pass on to your son or daughter or rly live it up like king now if ure in 50s and above now and not married.


Can rent out hdb or condo for like 3k onwards still got cpf.

The even earlier gen even better as long as work hard got pension. Private or public sector also can retire.


Everyday eng eng ceng ceng song. Those below 50s can go eat shit now.

[BuiBuiForeverAlone]

Last time if u win 600k toto. Or 1m toto u are made it for life liao.

200k can get 4 room. 100k can get a merc with coe. Or less

Still got 300k more. Can all in buy a condo maybe with a bit more to pay. Say 200k loan which all of us can pay for with say 3+k pay.

If 1m means u probably have 200k left for holidays or savings.

Now 1m toto is a joke. If u get a 4 room resale hdb in prime area still need to top up.

This all happened under PAP in less than 30 years. Closer to 20.

So called improvement in standards of living.

Knnbccb lhl and pap.

U call this improvement? This is regression than anything

Last time that 600k or 1m u can immediately retire and pass on to your son or daughter or rly live it up like king now if ure in 50s and above now and not married.


Can rent out hdb or condo for like 3k onwards still got cpf.

The even earlier gen even better as long as work hard got pension. Private or public sector also can retire.


Everyday eng eng ceng ceng song. Those below 50s can go eat shit now.

Toto group 1 prize should always start at 2.5 mio. 1 mio is dogshit. Worst still if have to split prize until less than 100K per grp 1 winner.

[Imboredtodeath]

Toto group 1 prize should always start at 2.5 mio. 1 mio is dogshit. Worst still if have to split prize until less than 100K per grp 1 winner.

there are people who dont gamble and we all know it's almost close to impossible, bet more lose more

but even if u work averagely hard without luck. or even if u work hard......... well, ure never going to retire compared to our parents and grandparents

last time 3 rm flat cost 9.5k at my area. at that time my uncle probably was paid 500 per mth. that's like 20x

now same flat with less than 50 yrs lease cost about 400k. if u have a 4k salary it takes 100mths to pay off

how does that call raising standard of living? im damn surprised no one protested yet

unless you save like mad and not married have no kids. or if u marry, need to be before 35 and pray hope your kids do well in life and are filial

during our parents and grandparents time, married, no married, kids, no kids, filial, no filial

as long as u work hard u can still afford that shit.


worst case scenario u have 2 unfilial kids, u will probably still have some cash left if u worked quite hard and invested/saved well

probably 200k and with govt subsidies u can retire at maybe 65

i really dare not think what will happen to our gen when we retire in say 20 - 30 yrs time.

[Imboredtodeath]

Toto group 1 prize should always start at 2.5 mio. 1 mio is dogshit. Worst still if have to split prize until less than 100K per grp 1 winner.

the problem is not toto tbh.

the problem is PAP and COL and costs of houses esp