Salary increases by 4% per year??? (based on MOM’s statistics on the average wage increase over the past 10 years) Do workers or employees receive salary increase @ x% year after year until they retire at 65 (current official Singapore retirement age)? Our current job may NOT be secured till our official retirement age. Once we got retrenched; our salary may suffer deep cut and we start over again at much lower level? We can still compound our salary @ X% growth as projected??? You got white hair or dyed hair? If no, you want to check with your parents, grandparents; old uncles or aunties or your old uncles or aunties sitting in your office. Uncle8888 took Statistics as one of his modules for his Uni study and knows it better. Statistical data can be used for reference or BS by the presenter! Read? The Myth Of The Bell Curve: Look For The Hyper-Performers...