Revealing My NEW Net Worth At Age40 In Singapore | Retirement Planning | Financial Freedom

[@joshconsultancy]

ENGAGE Josh Tan on a fee for full retirement planning NOW - Hear the IMPROVEMENTS you can make IMMEDIATELY! ►‌ www.theastuteparent.com/josh-tan Josh Tan Finance Meet 2024! Ticket booking here ▶ joshtan.link/eventbrite Id be sharing with you the what are latest trends in the market and how you can get better returns for 2025! **** Recommended affiliate links **** 🌟Ergotune Vesby Affiliate link: ergotune.com/?ref=JOSHTAN Coupon code: JOSHTAN ($20 OFF Vesby, stackable for all ongoing promos) 🌟Looking to buy stocks, I've a special deal for you with Moomoo, UP TO $1,034 SIGN UP - joshtan.link/moomoo Up to S$447^ on Cash Plus, Get up to S$567* Worth of US Stocks and Exclusive Cash Coupon Up to S$20 when you sign up above today! **** Previous videos on net worth **** 1) REVEALING MY NET WORTH NOW at age 39 | Financially Free In Singapore... ▶ kzbin.info/www/bejne/oHfMgIWVjaqho68 2) How I'm Going To Double My Wealth To $3M .... (Hopefully) | How To Invest 2023! | Build Up Net Worth ▶ kzbin.info/www/bejne/sKepgmmCoKmEaM0 3) REVEALING MY NET WORTH | 💥How to get to financial freedom | ONLY 37 YEARS OLD ▶ kzbin.info/www/bejne/r4nTe6VuZ6dkZ8U ****How To $1m ebook**** HOW TO $1m (Newest Edition) ►‌ payhip.com/b/q5Bln

[@DogeMultiverse]

best financial youtuber outthere!

[@HoneyMoneySG]

Well done Josh and loved the sharing!

[@joshconsultancy]

Hey Chris 🙏 how’s things with new house 😄

[@jonathanpuah5707]

Learning a lot from Josh. Start to subscribe only this year. Appreciate his passion in teaching and sharing. Keep up the good effort.

[@joshconsultancy]

Thank you Jonathan for the high praise. Josh Tan Meet 3nov24 if you are keen, look for the links purchase tickets and invest more in your learning

[@lishr4536]

so you don't have any ILPs or endowment/savings plans? meaning you don't sell those to customers as well since you don't believe in them?

[@joshconsultancy]

Yes correct

[@slaiyfershin]

Are you saying just by passive holdings the stock grew in your brokerage accounts or was there some acting /passive management by fund managers/robo?

[@stylerho6278]

S$5,000 expenses per month is reasonable, catering for many “wants”as well. Yes, F.I.R.E. with Dignity by all means, which I call F.I.R.E.D. Unlike many others who advocate just S$2,000 (or even S$2500) per month, I supposed that’s living below one’s dignity, taking care of only the needs!!

[@joshconsultancy]

FIRED 🔥 and moving on to building something with purpose =)

[@UnbeatableMortgage]

Incredible stuff as always, huge fan of your work, keep rockin'

[@go2c]

Hi Josh, do not quite get the last computation basis... is there error? (1) Your net worth assumption for share of condo at 400K is already using (Property Value - Outstanding Loan) *50% share ? (2) if (1) is correct, then if you choose to payoff existing loan, wont the 400K increase as well? Thanks for clarifying.

[@joshconsultancy]

Hi, as in to pay off the home loan of around $500k. My half = $250k So its like assuming i use some of the asset to pay off the home loan and count what is balance for use if retired. Hope it answers k

[@go2c]

@@joshconsultancy understating your net worth i see... ok.. thanks... gd job on motivating all of us to reach financial freedom... cheers.

[@engkiatpoh9696]

In uncertain time, good to keep things liquid and simple

[@Simfamlife]

draw down 4% from 1.5mil.. is it only last 18years+ with 6% investment return yearly? for the 4% withdrawal, do you add in inflation(~3-3.5%) adjusted yearly or consistent 4% throughout? just want to know your thoughts on how to calculate. Thanks

[@joshconsultancy]

Hi, 4% withdrawal rule is inflation factored. Its a study to last 35y at least with a 60/40 portfolio. draw down 4% from 1.5mil.. is it only last 18years+ with 6% investment return yearly? - this part may have inherent calcuation errors... with 4% draw down with 0 return is already 25y.

[@lzj1255]

Hi Josh, thanks for sharing! Can you talk about choosing annuity plans? Thanks!

[@joshconsultancy]

The annuity plan was bought in 2021 when interest rates were much lower. It’s best use is as a guaranteed no risk income stream. Do email my team some personal details to [e-mail] and we’d be in touch with you 🙂

[@SusieOng-fc7lw]

Yes. I also invested in SSB. and fully agreed with you to do a ladder.

[@joshconsultancy]

Yes and Susie great to see you 👍

[@alexchan921]

Hi Josh, thanks for sharing. I guess you also had tabulated how much monthly passive you getting. Kind to share?

[@joshconsultancy]

Hi Alex, will build a new episode. Subs and stay tuned! =)

[@icemanso]

Hi Josh, thanks for sharing. For your home net, do you use the bank valuation minus the current outstanding loan?

[@joshconsultancy]

Yes. Less the outstanding 500k loan

[@lynnchua1890]

Hello Josh, can you do a video on preparation of handling healthcare costs during golden years? Thanks

[@joshconsultancy]

Hi Lynn, my first thoughts are to lay the right insurance coverages. Next part would be to choose government healthcare instead of private if cost needs to be contained

[@feudallordcult]

@@joshconsultancy yes, please share.

[@syt2831]

Is above your indiv net worth or combined ? How do you say you are FI on 60k per annual withdrawal supporting 2 kids ? Is that enough ?

[@joshconsultancy]

Hi individually. Enough depends heavily on expectations, choice of how much to commit to school, choice of car or not, daily spending choices, agree?

[@syt2831]

@@joshconsultancy if individual , does it mean you are FI base on household of 60kx2= 120k for withdrawal ? Or is 60k on its own is enough for entire household?

[@CasperOng]

Josh, thanks for being so transparent. This is really inspiring. I'm 35 years old without a house and am really hoping to get to where you are at 40. I'm curious about your net worth at my age. Did you do a break down 5 years ago?

[@joshconsultancy]

Hi Casper, I think my earliest is 4 years ago $1.19m but better as a tool for areas to adopt than comparison k. Its just a number some built up more built up less. Also check Ebook - HOW TO $1m (Newest Edition) ►‌ payhip.com/b/q5Bln

[@jooquah798]

What about insurance either endowment/savings/investment linked/retirement products? Do we include them in the net worth calculation? What is your take on insurance products?

[@joshconsultancy]

Hi can be added to net worth equation too, missed it

[@jooquah798]

Thanks. Need to add in premiums into overall expenses as they still need to be paid even beyond retirement. Health Shield premiums will increase and will continue to increase as one ages.

[@BoonTee]

Great sharing, very inspirational

[@joshconsultancy]

Hey Boon Tee, great to see you around =)

[@BoonTee]

@@joshconsultancy yup! Always kaypo

[@Brickanalyser]

Hey Josh, thanks for sharing! It’s very helpful, just wanted to learn how u track all these systematically and in an organised manner given u have so many assets and likely even more transactions? Thank you!

[@joshconsultancy]

Hi, no probs The figures are from summaries. Like investment statement etc Tracking once in a while is important to know the direction but tracking too often can be distracting to doing actual work Hope it answers well and happy to share and provide a useful blueprint! =)

[@Brickanalyser]

​@@joshconsultancy Thanks for your answers! Will definitely be super helpful if you could share a useful blueprint with us :) Cheers!

[@homhope]

Hi josh, can i check how you determine when is the right time to enter property market? thanks

[@joshconsultancy]

Hi, I dont have a scientific way. My guess is to read the property ground temperature. In good periods, showflats had visitors but few buyers. Not people issuing open cheques and queueing. Sellers were ready to negotiate prices much lower than listing. You'd see some enbloc moves. That is from my experience hunting in 2016-2017 =)

[@adrieltan6089]

Congrats on attaing FI. But should you include Cash, SSB, Annuity and calculating when calculatinf FI using the 4% rule? since these are unlikely to aatract a gain of 4%. (For that matter thought OA also shoule e excluded).....😅😅

[@joshconsultancy]

Thank you Adriel 4% Financial freedom short hand is just a general rule based on a 60% equity 40% bond portfolio consumed at least 35years

[@kevinyee6970]

Hi Josh, thanks for sharing. Would like to understand your thought process behind the low cash percentage, apart from the cash with your partner. My question is that do you subscribe to the strategy of keeping dry powder to take advantage of any market downturn in the future?

[@joshconsultancy]

Hi Kevin, I viewed reits as depressed and hence I deployed the warchest cash in already since 2023. On hindsight a tad too early but never mind, we’ll never get perfect timing. Hope it answers k

[@koh-xj3qr]

actually if u calculate the tax relief vs interest on SA u will found that SA interest much much higher than tax relief, unless your pay is super high.

[@joshconsultancy]

Think there’s some Confusion, Tax relief amount is what u get off tax bill

[@jackatsingapore]

Nice transparent accountability video for guidance. Thank you for sharing

[@joshconsultancy]

Happy to share 👍

[@chuajy86]

Appreciate the transparency and great sharing! Hopefully you can share more about your journey on how you reach FI in future (e.g. what happens after you have reached your 1st $100k and how you got to FI after that). Cheers.

[@joshconsultancy]

Thank you for the high praise. I started working in uni days after my dad went down. Making and saving money became a priority. In sales I had the opportunity to earn quickly without much job experience and that brought the first bucket of money to invest. I have it mapped here in this ebook sharing k HOW TO $1m (Newest Edition) ►‌ payhip.com/b/q5Bln

[@garryang3971]

Should we clear outstanding mortgage loan when the cash can be placed in FD with higher interest?

[@joshconsultancy]

No Need. For example if you have locked in 1.5% from like 2021 (ive seen some private client cases), you may roll outside until it doesnt work k

[@EugeneLee-ks6ys]

What are your views on life insurances or term plans?

[@joshconsultancy]

Hi, build a small layer of Life insurance and supplement with term 🙂 www.theastuteparent.com/2020/07/start-with-a-small-wholelife-plan/

[@tritonyeah]

how can you assume 4% outside of CPF SA ..when there are no risk free assets giving that to your residual 1.27 mio (outisde of the max FRS if you top it out to full) to let you hit the 60k financial freedom number?

[@joshconsultancy]

FF number on 4%withdrawal rules is based on investment portfolio of 60% equities and 40% bonds. Attaining >4% is very likely in equity markets long term k. Hope it answers well

[@AhWing89]

Hi Josh, how is mapletree pan asia commercial trust doing now? is it good to hold?

[@joshconsultancy]

Hi, in a recent video, Ive shared that I cut the extra $6k+ i bought this year and kept the bulk. kzbin.info/www/bejne/oqvcc36liK51q80si=km7E9rLdjqn4FLqI Festival walk part is where i would be tracking, last results weren't too good for it. It regressed.

[@AhWing89]

@@joshconsultancy thanks Josh, I will rewatch it. :)

[@thomashay79]

Hi Josh, is moomoo a good platform for long term cash (not cfd) investing in stocks?

[@joshconsultancy]

Hi Thomas, Moomoo is one of the sponsors of the channel. With respect, Id probably only have good things to say 😅 Factually 1) Ive used moomoo for a few years 2) they have proper sg license so no worries about that 3) they have a very competitive cost structure. If keen to try, use this link joshtan.link/moomoo There are bonuses you can get and my deal with them has an extra Up to S$447 on Cash Plus, Get up to S$567 Worth of US Stocks and Exclusive Cash Coupon Up to S$20 when you sign up above today!

[@gohjeffrey3909]

Do you include insurance policies (endowment) in net worth?

[@joshconsultancy]

Can include also. Didnt the above summary. No worries =)

[@Jinsh0]

Is the 60k annual expense include insurances already? How about travel expenses? If that really include everything, I think its very impressive, but also very tight in the same time? Do you have a breakdown for your expenses for that 60k annually? Thanks for the open sharing, always helpful..

[@joshconsultancy]

Hi ive this sharing - Living On $6,000/month In Singapore | My Expenses In 2023... (For Family Of Four) kzbin.info/www/bejne/jKKre2drha-Xfq8si=kqTliBU0UyAtG58L

[@BullRun-g9s]

How much one may expect the net worth to grow cagr wise

[@joshconsultancy]

I like to use 5%pa when planning for retirement. Anything above is a bonus 🙂

[@elginlow]

Great sharing Josh!

[@joshconsultancy]

No probs thank you =)

[@lawfooksing8806]

I thought the home loan at 500k. If that so the house value is it not at 800? How come 400?

[@joshconsultancy]

Divide by 2 with spouse

[@patoises]

Where would this NW place you in Singapore and for your age? Top 10%? Thanks for sharing.

[@joshconsultancy]

Happy to share and provide a useful blueprint =)

[@Godfather1921_melo]

good job you saved a lot of money ! my two cents for the HDB sale, its not about when you sell and how much you sell at that time, always relevant to your next plan, if you sell your HDB flat and intend to use the sales proceed + your saving to purchase Condo, then you better do it last year, because later you wait, you can sell your HDB at higher maybe 20K, 30K more but just might, but at same time you will pay a lot higher price for condo, in the end you lose a lot of money. same for year 2024, if you could grab new Condo in year 2024 then you should be safe, year 2025 new launch price would rise again or drop? i think you know better than me, same as COE, everyone looking forward to drop, in the end what they have got.

[@Phonedumb]

How much of your investments are dividend yielding? How much is that? If you're just 40 with school going kids, 60K per annum is not going to be sufficient unless your expenses are really low. Local uni going kid will run you easily 20k/yr 😅

[@joshconsultancy]

No probs, many ways to solve it. Hey maybe they get scholarship haha =P

[@sueplus3309]

Can you share in more detail, instead of topping up children's CPF, what do you do to plan for their future? Investment account, college, etc

[@joshconsultancy]

For mine it’s all with my investment 😅 Can be segregated also as sub accounts

[@kenchua829]

I also have been dca into the reits regularly. Hopefully it will yield us gd profit one day.

[@joshconsultancy]

Yes let’s win tog! :)

[@kenchua829]

@@joshconsultancy I am 6 yrs older than you, but my networth is nowhere near you. But I aspire to work hard and try to catch up.

[@joshconsultancy]

@@kenchua829 dont worry more or less is only a number. Your accountability of "enough" is to your own family only. We run our own races. All the best =)

[@adrieltan6089]

Imalso started syfe reit in 2021....recovered somewhat in the past mth but still have not got any capital gains...for that matter, theamount is still lesser than the sum of capital invested and dividends....tempted to move on to other instruments😢😢😢

[@stylerho6278]

@@kenchua829 just about 3 months ago, my total S-Reits were more than 15% in the red. Now they are about 10% in the green so, dca is a good choice. 😀

[@moonaldo27]

josh can you share what cold wallet you use for your crypto assets please

[@joshconsultancy]

Ledger the most basic cold wallet

[@psylak-py9qv]

good job!

[@Mike-e1n]

Great sharing Josh! You have built many streams of investments and your SRS amount is quite high. I am mainly and concentrating on properties investing and targeting to fully pay down the last unit. I have cash but have zero stock holdings in the market

[@joshconsultancy]

Thank you Mike. No probs in building with a different style =)

[@Mike-e1n]

@@joshconsultancyI love your sharing and will definitely build some growth stock and ETF like you do 🎊

[@siewkinchan]

Your financial situation is super.

[@singho1267]

ur life my target!! 5 years to go for me!! inspired by your porfolio , i also currently building it, and amazed that you have crypto profile as well.

[@joshconsultancy]

Thank you for the support =) I bought ETH as a legacy for my sons. Idea is like "buying land in singapore 1950s". If it turns out well great gift to leave behind. If it doesnt develop then dont lose sleep over it also =)

[@SEVENCRYPTOCHANNEL]

Interesting Josh

[@taychikeng]

I hope to grow up and become like Josh korkor!

[@joshconsultancy]

Hey chikeng! You will do very well don’t worry 👍. #guaranteedbyjoshkorkor

[@swimwithus]

What crypto app are you using?

[@joshconsultancy]

Its in Ledger cold wallet

[@Jake82822]

He’s afraid of being hacked that’s why he used a ledger

[@thebestbees]

Amazing amountof assets! What brokerage do u use for crypto?

[@joshconsultancy]

Its in a cold wallet

[@jironghuang4895]

Nice growth there.

[@gabrielng05]

Condo is asset too? We can selll our own house and live in the bus stop?

[@joshconsultancy]

or sleep in car? =O

[@kgyeo5579]

You can always sell the condo and rent another place to stay in.

[@abusdriv3r]

nice sharing, but what are your financial goals since u are already financially free? with your networth and earning power, u can surely afford a better lifestyle? im always in the struggle between planning/investing for the future, and enjoying life now. living well within my means but always having the idea of getting better house/car. mid life crisis coming up lol

[@joshconsultancy]

Thank you for the support. Financial freedom is a comfort level to be brave to continue to try new things. I hope to continue to educate a bigger audience about doing finances the right way

[@trendgeneration9005]

Congrats! If combine with spouse total household net worth how much?

[@joshconsultancy]

Ball park I think slightly less than double

[@kiasutoo1]

Thanks for sharing it is not easy to get to this value. Watch for the downside.

[@joshconsultancy]

Thank you and no worries . Market value should swing up and downs to build. It’s part of the journey which is what I teach here on the channel

[@Nigel-tj8kr]

looking forward to that, im building first 100k

[@joshconsultancy]

Happy to inspire! 👍

[@kialim]

I didn't see the liabilities. What are your the financial liabilities like?

[@joshconsultancy]

only home loan

[@gparamaeswary7276]

For retirees l think keeping in SSB is alright.

[@jasonlim4512]

Hope there will be collab with Syfe. They recently allowed SRS investing :) 60k subs coming!

[@joshconsultancy]

BIG thank you Jason - 60k subs! =)

[@weiyongl]

Im 40. I dont want to FIRE. I think money should be spent!

[@joshconsultancy]

What! YOLO!

[@Rajnish_Narula]

Congratulations Josh for achieving financial freedom and sharing your networth breakdown with so much transparency. It’s truly inspiring. One question: how much of the annual increase $400k is purely from income earned from work?

[@joshconsultancy]

Thank you Raj To your question: only like 1/3 maybe? Hence i advocate building wealth with assets

[@Rajnish_Narula]

@@joshconsultancy thanks a lot! One day I would like to meet you in person.

[@joshconsultancy]

@@Rajnish_Narula Josh tan meet 2024 closing very soon! check the tickets here! ▶ joshtan.link/eventbrite

[@ryanjosephking]

Wow, stocks + brokerage + Syfe + and crypto returns is hella impressive!

[@joshconsultancy]

Wishing you the best for your journey also

[@Patwal77]

Is it advised to keep ur finances separate from ur spouse ? I mean ur house is 100% yours or it’s shared with wife ?

[@joshconsultancy]

I encourage finances to be discussed openly as retirement is joint. Build the journey together Succeed together Figures on assets shared have been divided by 2

[@kangjingtan7312]

Has the government ever increased the tax free bracket (20k) in the past ? Given the aging population, government social-economics policies shifting left and trend of higher income tax rate, why are you so confident that this tax free bracket will increase ?

[@joshconsultancy]

Confident. If it’s wrong, just pay some taxes :)

[@tanshirley3211]

How old are you? You can save so much is amazing

[@zawmoeaung17]

Could you kindly share which annuity plan you purchased and the reasons behind your choice?

[@joshconsultancy]

Hi, the purchase was in 2021 when interest rates were low. May not reflect todays expectations

[@fool1124]

Dont forget to enjoy your money

[@joshconsultancy]

Donating also via Josh tan bursary :)

[@Chsiah88]

So gd to be FI in yr age 🎉

[@joshconsultancy]

Thank you. Goal now is to enjoy the journey and make the right impact =)

[@simcn73]

Amazing , as a financial advisor you have no US Stocks especially the magnificent 7 .. such a great loss

[@eugeneleeproperty]

He has USA stocks. Even if he doesn’t, there is no one perfect tool that fits in everyone’s portfolio. Choose the vehicle that suits one’s situation best, whatever that floats your boat.

[@joshconsultancy]

It's ok, there are always many missed opportunities =)

[@ngricky3085]

Is a big mistake holding onto losers, there are always good companies out there. Second. spreading your resources too thin is bad investment decisions. This is usually driven by FOMO. Staying focused is key to successful investment.

[@joshconsultancy]

agree

[@tryolegend]

I dun think bumitama agri has went down.

[@joshconsultancy]

Came down from 2022 high to around 55c as palm oil prices collapsed. Glad its looking good now again =)

[@BomBomm12345]

Josh with 2m of almost liquid assets why not just all in and buy a FH terrace house of 4m.. your returns will be greater than all these reits etc in 10 20 years and you have a legacy for your kids.. of course if you want that monthly cash flow and see the figures in your accounts then its a different approach.. although your cash flow can come from renting either your landed or with your wife’s other property

[@joshconsultancy]

Politely disagree 👌🏻

[@BomBomm12345]

@@joshconsultancy why so? freehold landed have and can appreciate more than 1m in a few years.. considering the land scarcity in SG and increasing population.. your reits are nice monthly gains or even losses but its not life changing returns.. sorry I am more a fan of Eric Chiew who is I think 3 years your junior and net worth is multiple of yours.. he did it not through reits but just pure property and holding landed.. anyway to each its own.. its also ironic that you believe in reits but not in landed when reits are essentially real estate as well.. you are financially astute so I think you go back to just 3 to 4 years ago.. if you had adjusted your assets into freehold landed by disposing your hdb and this condo.. your net worth today is easily more by 800k to 1m.. I can show you stats if you dont believe me

[@BomBomm12345]

@@joshconsultancy wow you deleted my reply just cos it made sense.. just unsubscribed.. my main point is if you are financially astute you should know if you had adjusted your hdb and your Jervois condo (returns aint great) you would easily made 800k to 1m more than what you have now.. reits etc are petty gains.. wont be life changer.. if you dont believe me I can show you the recent stats

[@wz758]

Josh didn’t delete your comment la. Disillusioned fellow who has a history of leaving bad comments. Jealous of others success is it? Get a life man.

[@Sim555-s9i]

@@BomBomm12345 He is doing what works for him, not everyone is willing to go all-in on 1 asset. Just because property has been booming the past couple of years doesn't mean it will for the next decade as well. Be more open minded in your discussion / comments.

[@thepetpotrait3823]

I’m 44 only have 1.5 million so low compared to u … ur my idol ❤

[@joshconsultancy]

You are doing well 👍Only accountable to your own family 👌🏻

[@thepetpotrait3823]

@@joshconsultancy ur my idol 🙏🙏❤️

[@MrKevinliow88]

Net worth means nothing if you don't prioritize health and fitness in your retirement plan

[@joshconsultancy]

Fully agree

[@chaz4609]

Jai Hind. FIRE my boss to reach 1M@65 Aspirant here.

[@gratefulhappy888]

Great transparent video again by Josh. 60k a year expenses is amazing for 2 kids. My fixed monthly expenses is at 6+k with supporting parent 1.4k, insurance 1.8k (personal+family protections + saving components), car expenses (petrol,erp,parking,road tax and insurance) average monthly $900 even though fully paid, kid tuition fee etc 😢 looking at your the cash component seems way too low. I think i kept too much cash at 50% as I has been selling down on positions..market getting greedier and I seems way too conservative currently

[@joshconsultancy]

Hi, thank you for the high praise. Im lucky parents are self sufficient which means budgets are to kids and own family expenses. Cash part yes need to stay more invested. Likely need to deploy better and at least for now, selling down more is hard to justify because there is way too much warchest cash

[@lynnchua1890]

No car loan? I thought it is more worthwhile to get a car loan as they usually will give you subsidies

[@joshconsultancy]

No. Car loans id advice to avoid. The simple interest is misleading in EIR. Paying it off has early penalties

[@thebestbees]

Yea, 2.78% the EIR is around 5+% PA

[@tanpeng2884]

Ethereum? China stock? Sg stock? sigh!!!

[@joshconsultancy]

No need sigh. It will shine back one day

[@SgAlvinOng]

Key takeaway is to have a more successful wife... just have her portfolio to be 2x yours then huat already 🤣. Can do a video to teach how to find successful wife?

[@joshconsultancy]

😂

[@ultralaksa5720]

Key is a wife with similar mindset towards finances.

[@strongstrengthtv]

​@@ultralaksa5720that particular girl high chance don't like to wear sexy HAHAHA

[@willsontoh7105]

Wow millionaires. I 40 still need to work harder

[@BillionaireJim]

you should all in on TSMC shares

[@joshconsultancy]

Build gradually at a pace that fits. As long as you are better than 3y ago you, celebrate that progress =)

[@mugenpower78]

You can qualify as AI liao

[@joshconsultancy]

Qualified 🔥

[@dividendnomatt]

JL, u sure u wanna be quoting Bob Proctor? Better check out his background thoroughly yah. Hint: Law of attraction hoax promoter

[@joshconsultancy]

Just a quote nothing else

[@Artbyrainbow777]

Home should be removed in the calculation

[@xfall86]

V rich sia

[@joshconsultancy]

Build and look long term 👌🏻👍

[@tjan5589]

Uncle Josh. I think you are quite cocky. I have net worth > 3 times you did also dare not view myself financially free. Only financially adequate….😂

[@joshconsultancy]

Financial freedom is a state of mind, not just a number 👌🏻

[@wille1978]

Your net worth at 40 is quite miserable. Especially the CPF portion 😂

[@joshconsultancy]

😂

[@schadenfreude6274]

As a Singaporean, by Age 30 at the very least you should have: 1) Minimum S$6000 Monthly Salary. (at least S$8,000 if you want to have a Family with 1 Kid, but even this is already considered Poverty Level) 2) At least own a Car (Japanese is ok, but you must upgrade to Continental Car in the next 5 years at least) 3) At least own 1 Condominium 4) Cash Savings of at least $250,000 This is actually the Base Minimum for an Average Singaporean by Age 30. If you do not achieve at least this bare minimum you are pretty much considered a Failure by everyone. 🙂

[@joshconsultancy]

Not the right way to look. It’s fully focused on materialistic goals. Would encourage to be broader and at own pace k

[@rei151]

lol why MUST upgrade to continental car?

[@schadenfreude6274]

@@rei151 If you have to ask this question, you are considered Poverty Line here in Singapore. 😂😂😂

[@falconhero]

Why even need to have car and so much idle cash? How many have a condo to their own name at age of 30?