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

[BuiBuiForeverAlone]

the problem is not toto tbh.

the problem is PAP and COL and costs of houses esp

Yes the col here has gone out of control esp housing. Pap only know how to be monitor lizard. Monitoring like a cctv only. At least the toto prize back then gave punters some hope. Now the starting prize gives hardly any hope with the ever increasing col.

[BuiBuiForeverAlone]

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.

Parents time buy flat: still can have substantial savings.
Younger generation buy flat: savings most likely wiped out.

[encourageSome1]

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

If can easily say I don't want to go work or easily don't choose certain thg means got freedom= rich alr