2018 Median Gross Monthly Income From Work (Including Employer CPF Contributions) of Full-Time Employed Residents is $4,437
2018 median monthly net take home pay before tax is about $3K to 3.9K depending on age group i.. below 55, above 55 to 60, above 60 to 65 and above 65. How much is enough from your net worth's cash flow for FIRE, FIRe, semi, quasi or fully retire @ 62 in Singapore? Assuming residential home has been fully paid.
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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