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Shania Loh
10 Aug 2020
Seedly Student Ambassador 2020/21 at Seedly
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Well you can be a Singaporean living overseas with lower living expenses, geographical arbitrage
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Kah Seng
08 Aug 2020
Logistics and Supply Chain Management at Singapore University of Social Science
Depends on the lifestyle you want and if you want to have a kid....
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Hi Anon! This depends on your age, short term and long term goals (considering the big purchases you would make during those periods, eg: car, house, children's education etc) and your lifestyle habits. Think about the age that you wish to retire and how much you wish to retire with to support your life after retirement. Do note that inflation levels will increase over the years and you would need more money to support yourself.
Remember to read up or seek any professional advice if this is a concern to you and you may start financial planning properly!