In financial roadmap(I), we looked at the typical financial situation for the 20s to 30. Here, let's look at the 30s to 40. In this phase, there are many exciting life events that will happen here, such as first job promotion, getting married, and in Singaporean mindset, this follows with the commitment to a residential property(actually, this one normally come first before marriage :)), maybe starting a family, then follow by excuse to buy car, etc.  As you can see, the life events here requires huge chunk of financial commitment as well. 

Savings. Remember in my previous post, a lot of the focus was on savings and aggressively building up the fund. Here is the reason why, because there are so much expenses at this phase. Now, if you apply, rule 72 for a 6% to 7% return, your $54,000 would have grown to close to $80k. This amount ...