Saving & Spending
Fixed Expenditure Update: 2017
By Retire by 50  •  August 15, 2017

Here’s an update to my fixed expenditure for 2017 with some changes to my expenses liabilities.

Mortgage: $828 $879 (CPF) As I move to the 3rd year of my bank loan for my HDB flat, the monthly mortgage repayment amount has increased from $828 to $879. Still within my monthly CPF contribution with some surplus so I’m comfortable with that. Parent Allowance: $600 My mother retired many years ago after her leg started giving her problems. On top of the monthly payouts from her CPF account, I have been giving her some allowance each month. $500 $600 isn’t very much but that said, she isn’t spending much as well. I try my best to manage most of the household expenses so that she doesn’t have to pay for any of them. Insurance: $156.93 $154.48 (excluding Medisave premiums) I did an evaluation of my personal insurance portfolio recently and surrendered my investment-linked policies, switching to several term ......
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By Retire by 50
RetireBy50.me is a personal blog about my journey to retirement by the age of 50. At 31, I am a typical white-collar Singaporean who works regular hours in a job while looking for other opportunities to make more money during non-office hours. This blog will discuss the hits-and-misses encountered during my journey to free myself from the corporate rat race. Will I get there by 2033? Stay tuned.
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