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PatrickSandy

Edited 15 Mar 2025

Retirement

How did you make your first million in Singapore?

Came across this video randomly. As someone relatively new in the work force, will investing, spending smartly and saving eventually get me to my first million? Always wondered if i am behind my peers. some context, no kids, not supporting anyone financially, give my parents monthly allowance, paying monthly uni debt

https://youtu.be/ho8L-D1iKlQ?si=C2GcoldXP2iMoCfk

Discussion (7)

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Hard to compare, because you cant find an exact person with the same background/ habits but do what you can.

There’s no place to get to, learn to enjoy the journey (Dan Martell)

Run your own race.

Make sure you have a good income. Fresh grass make about gross $4000 now and if you are not supporting anyone, then it could really be easy to reach $1mil net worth by 35. Control your expense, learn and invest, improve your earnings. Even 32 is possible. By net worth, it include CPF, housing, cash and investment.

Unless you remove CPF and housing then it might be a little more challenging but if you are good investing then it could be no problem.

"Decide depending on what will let you sleep well at night"....

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