Personal Finance
Why Your First $1 Million in Singapore Might Still Leave You Taking the MRT (And Why That’s Okay)
By A Pen Quotes  •  July 9, 2026
  1. The Millionaire Next Door is Just… Normal?
Meet Benjamin. He’s 43, a mid-level manager, and last month he finally saw the number he’d been chasing for two decades: a total household net worth of exactly $1 million. He thought there would be fireworks. He thought he could finally tell his boss what he really thinks of those 8:00 AM “sync-up” meetings. Instead, when he told his wife over dinner, her first question wasn’t about early retirement. It was whether they could finally “exit” their four-room HDB in Marine Parade for a District 15 condo. When Benjamin ran the numbers, the cold reality of 2026 hit him. He didn’t feel like a high-net-worth individual; he felt like he was just treading water. That’s because Benjamin is the definition of “median.” According to the Ministry of Finance’s 2026 wealth report, the median resident household net worth in Singapore is approximately $994,000. If you have $1 million today, you aren’t the “Crazy Rich Asian” from the...
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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