In the past, in order to be rich I need to be a Business man. Maybe professional fields like a doctor or a reputable lawyer, to retire comfortably. Bottom line is ... not easy for majority of people. In today Singapore, a working employee can have a million dollar investable asset just on Salary alone if they save diligently, and work in a good institution or company. Is still not a walk in the park though but chances are they are much more such people today.
This pose a big problem because commoners who are able to save that much could not catch up with inflation since they are drawing salaried income. People needs to understand this logic. A millionaire 20 years ago, today and tomorrow generation are all millionaires but in term of Real Wealth, they are far cry from each other. A comfortable lifestyle is still elusive to many ......