Anonymous

01 Oct 2021

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If saving 100k by age 30 is good, how about 200k by age 32?

200k by age 32

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Arman Mohamad

05 Oct 2021

Seedly Student Ambassador 2021/22 at Seedly

Hi Anon, agree with Shaun as well. Comparison is the thief of joy, really no point.

200k by age 32 is great and probably better than the average Singaporean, but everyone has their own path to walk. So, if you've achieved that or on the road to do so, congratulations!

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Wrong Sean

01 Oct 2021

Stop comparing with others. It is not helpful.

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If I hit 100k savings at age 31 and grew it to 200k at age 32 via stocks. How am doing?

Is 100k net worth (total savings + cpf) by age 30 commendable by today's standards?

Is it possible for a diploma holder age 25 with no savings to reach 100k at 30?

Now @ age 37 gross income $3800, age 30 gross income $2300, 2 child age 5 and age 1. Stay in 4 room hdb flat. Only have $10,000 cash saving, and monthly saving of $1000. What advice you have for us? ?

I keep seeing the ‘save 100k by 30’ hype recently. Is 100k inclusive of investments? Or just purely savings?