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Sunday, 17 June 2012

You don’t have to think about retiring in Singapore

To own a SGD$200k Porsche,
Assuming that one use it to it’s maximum potential of ten years,
$200k for ten years,
$20k for a year,
$2k per month,
Average Singaporean pays less than $200 for transport fare a month.
It simply means you gotta earn around ten times more than average Singaporeans.

If I want to be a millionaire before I retire,
$1,000K in ten years,
$100K in a year,
$10K a month,
$2.5K a week,
$500 a day is what I should be saving.

No wonder they say you don’t have to think about retiring in Singapore.