How can Singaporeans have an average wealth of S$681K when the person in the middle has only S$125K? More importantly, if you have already accumulated S$1M or more, does that mean you can retire comfortably?
The Average Singaporean Is Not The Average Joe
Singapore’s average wealth may be S$681K, but that does not mean the typical Singaporean owns S$681K. The median is much lower at approximately S$125K. A...If your total wealth is more than S$125K, you may be wealthier than half of the fellow Singaporeans.
But before you celebrate, there is more to the story.
According to the UBS Global Wealth Report 2026, Singapore’s median wealth at the end of 2025 was US$96,434, or approximately S$125K.
Yet, the average net wealth was US$527,217 per adult, approximately S$681K based on the prevailing exchange rate in July 2026.
That means the average is more than five times the median.
How can Singaporeans have an average wealth of S$681K when the person in the middle has only S$125K? More importantly, if you have already accumulated S$1M or more, does that mean you can retire comfortably?
The Average Singaporean Is Not The Average Joe
Singapore’s average wealth may be S$681K, but that does not mean the typical Singaporean owns S$681K. The median is much lower at approximately S$125K. A...
How can Singaporeans have an average wealth of S$681K when the person in the middle has only S$125K? More importantly, if you have already accumulated S$1M or more, does that mean you can retire comfortably?
The Average Singaporean Is Not The Average Joe
Singapore’s average wealth may be S$681K, but that does not mean the typical Singaporean owns S$681K. The median is much lower at approximately S$125K. A...