How Much Savings Will Bring You Inner Peace?

The primary reason people work and invest is to accumulate more wealth and have more savings. After all, we cannot work our whole lives, and we need to plan ahead for unforeseen circumstances or our dreams. Some people dream of traveling the world or buying a big house. $100,000, $500,000 or $1,000,000? What's your goal? How much savings can make you feel calm and confident to face life's crises?

avatarLylle
07-23
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avatarAlubin
05-03
I would want sufficient savings to earn a passive income of 50k annually, excluding the amount needed to get a dream house which is likely another 1mil.
avatarTiger V
04-20
Having $3 million in savings can provide a significant sense of financial security and confidence to face life's crises for me. This amount can cover emergencies, such as medical expenses, unexpected job loss, or economic downturns, and provide a cushion for retirement planning. It can also give me the freedom to make lifestyle choices without worrying about financial constraints. [Miser]
avatarmothymo
04-07
$Tiger Brokers(TIGR)$  1 million SGD is more than enough for me 😁
$Tiger Brokers(TIGR)$ definitely the more, the merrier. 1M65 for the current but it will increase eventually..
$Tiger Brokers(TIGR)$ Never enough.   It is easy to say 1M, 1.5M, 2M etc... It is easy to say no debt, simple life etc. But to me, cos of my growing up experience, I have little financial security. Now, given all the financial needs n responsibilities at the moment, even more difficult to say how much is enough for inner peace. But deep in, you wish those you cared about are safe, healthy, happy and doing well and you may be at peace? 
$Tiger Brokers(TIGR)$ is a good priority to make a jon
avatarkoolgal
04-05

How Much Savings Will Bring Me Inner Peace?

🌟🌟🌟Money to me is only a means to live a wonderful, fulfilling life.  It is not the Be All and End All.   Inner Peace to me means living a life that is filled with lots of love, good health and happiness.   I only need enough money to be able to live life to the fullest, travel and create memories that will last a lifetime.  How much savings is enough?  A million dollars is my target.  I hope to achieve this through investing in dividend stocks, bonds and CPF Life which is Singapore's Government Annuity Scheme.    My favourite dividend stocks are the Singapore Banks - $DBS GROUP HOLDINGS LTD(D05.SI)$  $OVERSEA-CHINE
How Much Savings Will Bring Me Inner Peace?
avatar100plus
04-05
$Tiger Brokers(TIGR)$   Achieving a sense of calm and confidence in facing life's crises varies from person to person. Generally, having a substantial savings cushion, such as $500k, can provide a solid foundation. Beyond that, it's crucial to learn how to effectively manage investments, especially in the stock market, to generate additional cash flow. Ultimately, the amount needed depends on individual goals and aspirations in life.
avatarSTLoke
04-05
$Tiger Brokers(TIGR)$ For me if I'm staying in Mid West America, I would need at least $5m in savings (bond, equities and properties in Singapore).
avatarMrzorro
04-05
for me, 1.5 million USD is the amount to cover my expenses. Being the money source for my family, I need to take care of my parents and children. This amount is enough for us to live basically but might still need to work on or off, maybe?
avatarSPOT_ON
04-05
so long enough to pay bills and simple meals daily with zero debt... i m contented already ! @Tiger_comments @MHh @Success88 @Kaixiang @LMSunshine @MilkTeaBro
$Tiger Brokers(TIGR)$ A cool mil $ would be great, gives me enough to live on and quit the day job
It's not just about saving, it's about creating continuous streams of income; both active and passive throughout your lives.
avatarECLC
04-05
Work hard, save and invest towards 2k/mth in retirement.. inflation and expensive medical nursing care for IFM means no early retirement and cant wait for annuity payouts.
$Tiger Brokers(TIGR)$ life changing money!
avatarSunrize
04-04