From Singapore Department of Statistics, among each resident household, median monthly income from work grew 6.1% from $9,520 to $10,099 in 2022. Household income from work includes employer CPF contributions, which means excluding CPF the take-home income is 10099/1.17 = $8,632 Tabulating my Investment Income for 1H 2023, this works out to be $70,047 […]

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