[Sg] - Basic lifestyle (2.5k) vs Moderate(3.2k) vs Luxurious(6k)

[UltimaOnline]

Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report​

https://www.todayonline.com/singapo...orry-afford-retirement-lifestyle-ocbc-2053511

https://forums.fuckwarezone.com.sg/...-5k-vs-moderate-3-2k-vs-luxurious-6k.6838999/

 

[eatshitndie]

i live a low ses life and it’s already costing me $6.9k per month.

 

[laksaboy]

Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report

This was a finding from a recent study done by OCBC bank. Its Financial Wellness Index 2022, published on Tuesday (Nov 22), is based on responses from 2,182 working adults here between the ages of 21 and 65. The survey was done through an online form in August this year.

Lemme guess... unscientific 'survey' with leading questions, all crafted by a bunch of conniving agenda-driven 'financial consultants' at the bank.

And the mouthpiece propaganda CNA gave their survey coverage like it is a serious thing.

 

[maxsanic]

Lemme guess... unscientific 'survey' with leading questions, all crafted by a bunch of conniving agenda-driven 'financial consultants' at the bank.

And the mouthpiece propaganda CNA gave their survey coverage like it is a serious thing.

The motivations of this OCBC study aside, I do find the expectation by youngsters to retire early in style quite prevalent amongst the people I know. 5k "passive income" by 40 seems to be a fashionable goal that is constantly thrown around these days.

Naturally it isn't easy to accumulate so much wealth within a short span of time, so many dabbled in crypto currency for instant riches, but most of them are busted by now. Sometimes people just need to understand themselves better: If you are mediocre in studies, career, personal relationships etc. so far, stop fantasizing that you will suddenly transform into the top 0.1% when it comes to trading/investments.