Anonymous

21 Apr 2021

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When people say 100k by 30, do they mean savings in the bank or savings+investments?

I know this is just a rough guide but just wondering what people mean when they say this.

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Wilson Nid A Break

21 Apr 2021

Could be Cash Worth or Net Worth, could be 100K in CPF. To each his own

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Renee Lee

21 Apr 2021

I think it would depend on your personal goals; some may see it as a net worth of $100k (which includes cash, investments, properties etcetc), whereas others see it as $100k in accumulated disposable income. I believe it matters less what others say, but instead consider your personal circumstances and set that definition yourself, hope that helps! :)

A similar question was also posed here: https://seedly.sg/questions/when-people-mention...

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They always say to put aside 30% into your savings+investment account. My question is how many percentage in this 30% goes into savings and how much goes to investments?

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

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