Anonymous
Asked on 05 Jun 2020
$1000? $2000? $3000? And not just say things like "I am not from a well to do family", "everybody situation is different" kind of vague answer.
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Answers (2)
Clara Ng, Community Manager at Seedly
Updated on 06 Jul 2020
To watch Loo's full answer to this question, you can watch it in this less than 5-min video here! https://www.facebook.com/seedlysg/videos/289199905620695/
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Loo Cheng Chuan, Founder at 1M65 Movement
Answered on 14 Jun 2020
I have answered this in my talk.
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Question Poster
15 Jun 2020
Thank You! I saw the talk. While I agree that we can choose to live frugally, but to some this is simply not a choice. A dip holder graduating today (staring pay around $2300) should be able to achieve $0.5M at retirement on today's value. But this also means that below this level, there are people struggling.
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