There have been several articles written around the topic of: How much is required to achieve financial freedom? This was sparked off by an article from the South China Morning Post where a Juwai survey was done comparing how much it would cost to achieve financial freedom in different cities. Singapore ranks No. 7, with a requirement of US$3.23m (SGD4.33m) for a typical household who wishes to achieve financial freedom today. This seems like a hell lot of money and makes one wonder if we are all destined to work “till death do us part”. The survey result is based on what would be needed to attain the following:

1. Home measuring 120 square meters in a decent urban area
2. Two good cars
3. US$1.2m in financial investments
4. US90k in household income after tax

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