What kind of advice would you give a fresh graduate or first jobber thinking of starting 1M65?

To a fresh graduate or a first jobber, before you embark on 1M65, you need to look at your financial plan holistically. I will always advise everybody to

1. Make sure you are covered adequately with term insurance; never buy whole life insurance.

2. Cater enough money for a stormy day, I will suggest an amount enough to cover 6-9 months of living expenses including your housing mortgage.

3. Make sure you cater enough money for your BTO down payment, at least in your CPF or in cash.

The rest is up to you. If I were in your position, I would start topping up my SA to form a very strong financial safety net, leading to the 1M65 goal.

For me probably to plot the big financial plans for your life and the timeline.

Talk to your spouse-to be and talk about when and how much you are going to spend on housing- that will be the biggest piece!