Based on this news ...
Feb 16, 20152:44 PM
MEDIAN household income from work in Singapore increased in nominal and real terms in 2014, according to a report released on Monday by the Department of Statistics.
Among resident employed households, median monthly household income from work rose from S$7,870 in 2013 to S$8,290 last year, a 5.3 per cent increase in nominal terms, or 4.1 per cent increase in real terms.
Taking household size into account, median monthly household income from work per household member rose by 5.9 per cent in nominal terms, or 4.7 per cent in real terms in 2014.
Median household income in 2014 is $8.3K
$5K to $6K of passive income (60% to 72% of $8.3K) should be good enough for any retiring couples at 2014 dollar value to live comfortably without housing loan and without children education expenses to support. But, they must have enough ......
