How much a year (absolute amount) do you think a family with two kids need, to live and save/invest for retirement?

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Cryotosensei

18d ago

Blogger at diaperfinancingfund.blogspot.com

My wife n I's combined income is less than the median income of Singaporean households (below $10k), but we are raising two young kids just fine. Money isn't everything. Kids just want people to play with.

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Victor Chng

07 Jun 2019

Co-Founder at Fifth Person Pte Ltd

Hi,

I am married without kids so I don;t have a figure on the expense of a family of four.

My suggestion is that if possible you may want to consider to save at least $500 a month for future invesment.

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Bryant Tan

28 Mar 2019

Owner at Starbuyproperty.co

I think it would depends on your family life style.

Generally, if we were to follow Singapore fami...

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I’m 45, divorced and earning 9k before CPF with two kids aged 18&20. One has special needs. Overheads are 4.5k per month. How much should I save per month assuming I will retire at 62?

Hi I bought a WL plan last year but thinking if should cancel and buy term. GREAT Flexi Living Protect 2 (200% multipler) $3400 PA Not much of an investor but might start small Need some advice TIA

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You probably had an amount in mind, a sum that you would need before retiring. If you have delayed quitting your job to retire, how much longer are you staying in your job and why?

How much is enough is for a family of 4 (2 Adults, 16 years n 6 years old kids)?

I’m 45, divorced and earning 9k before CPF with two kids aged 18&20. One has special needs. Overheads are 4.5k per month. How much should I save per month assuming I will retire at 62?

Hi I bought a WL plan last year but thinking if should cancel and buy term. GREAT Flexi Living Protect 2 (200% multipler) $3400 PA Not much of an investor but might start small Need some advice TIA

Im turning 30 this year... I'm thinking of setting aside some $$ for my retirement...How much % should go to retirement and where..

You probably had an amount in mind, a sum that you would need before retiring. If you have delayed quitting your job to retire, how much longer are you staying in your job and why?

How much is enough is for a family of 4 (2 Adults, 16 years n 6 years old kids)?