In Singapore’s vibrant financial community, SGfirecouple stands out as an exemplary couple. They are highly committed to financial independence through disciplined investing, strategic property choices, and a high savings rate. By the end of 2024, their combined net worth reached approximately S$3.19 million, supported by a robust investment portfolio, home equity, CPF savings, and more.
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| Field | Information |
|---|---|
| Name | SGfirecouple (Pseudonym) |
| Real Names | Not publicly disclosed |
| Nationality | Singaporean |
| Occupation | Corporate Professionals (exact roles undisclosed) |
| Known For | FIRE movement advocacy, investing transparency |
| Platform | Reddit (r/singaporefi) |
| Net Worth (2024) | S$3.19 million (including CPF and home equity) |
| Investments | ETFs (e.g., VWRA, IWDA), REITs, Singapore stocks |
| Other Assets | CPF, real estate equity, SRS, margin accounts |
| Marital Status | Married |
| Children | None (as of latest updates) |
| FIRE Goal | FatFIRE with passive income of S$10,000/month |
| Start Year of FIRE | 2016 (net worth: ~S$85K) |
| Leverage Use | Began margin investing in 2022 (~1.5× leverage) |
| Notable Traits | High savings rate (up to 80%), transparency, detail |
How Rich Are They?
According to their public update: as of end-2024, the portfolio totaled S$2.603 million, making their net worth—excluding CPF and property holdings—about S$3.188 million.
Over the past decade, they’ve grown from a starting portfolio of just S$3,750 in 2016 to over S$2.6 million, showcasing phenomenal results from consistent investments .
Their Investment Journey
SGfirecouple’s wealth accumulation is fuelled by five key pillars:
1. Regular Portfolio Contributions
Annual capital injections have reached S$200,000+ in recent years, especially bolstered by property cash-outs and refinancing . Even during market downturns, they maintained consistent investing, ensuring long-term compound growth.
2. Market Gains
The markets delivered substantial returns—over S$639,000 in gains in 2024 alone, which contributed 36.3% growth on their portfolio that year.
3. CPF and Property
A meaningful part of their wealth resides in CPF and property assets, both of which increased in value over time . Early real estate investments contributed significantly to wealth, though more recent gains were reinvested.
4. Strategic Use of Leverage
From 2022, they used margin lending (~1.5× leverage) to accelerate growth, while acknowledging the potential downside risk. Leverage brought significant growth but requires careful market navigation and emotional resilience in volatile periods.
5. FIRE Planning & Mindset
Their goal is FatFIRE, aiming for monthly income of S$10,000+ at a 3.25% withdrawal rate—indicating long-term planning and financial awareness. They emphasise maximising CPF, leveraging SRS tax savings, and reinvesting property proceeds rather than spending gains.
Their Wealth-Building Strategy
1. Maximise CPF & SRS
CPF contributions are foundational: CPF OA, SA, MA and SRS have grown significantly, playing a key role in both retirement and investing strategies.
2. Low Expenses, High Savings
By adopting a frugal lifestyle—staying with in-laws earlier years and maintaining disciplined savings—they achieved savings rates of 50–80% .
3. Smart Property Use
They used refinancing and property sales to extract cash, which was reinvested in their financial portfolio—neither stuck in property nor withdrawn for spending .
4. Diversified Asset Allocation
Their portfolio is globally diversified across:
- ETFs (VWRA, IWDA),
- REITs,
- Local blue-chip stocks,
- Bonds/Singapore Savings Bonds,
- CPF investments,
- A small crypto allocation (~0.5%) .
Why SGfirecouple’s Story Matters
- Transparency & Community Impact: They openly share investment details on Reddit, motivating others in Singapore to pursue financial independence.
- Balanced Use of Tools: Their strategic use of both CPF and leverage reflects a balanced understanding of Singapore’s unique investment landscape.
- Blueprint for Couples: Tracking spouse portfolios separately yet pooling finances exemplifies a practical approach to long-term joint planning.
- Real-World Outcomes: From S$85,000 net worth in 2016 to S$3.19M today shows the power of time, discipline, and well-calculated risks .
Future Outlook
- Navigating Volatility: Their leveraged strategy performed well in 2024, but reserves flexibility to adjust during bearish years.
- Retirement Plans: Aiming for FI in early-to-mid 40s, they are aligning investments toward sustainable withdrawal rates.
- Youth & Family: Their discussions about investing for future children show a long-term, generational mindset .
Key Takeaways
- Net Worth: ~S$3.19 million as of end-2024.
- Portfolio Growth: From S$3.7K in 2016 to S$2.6M in 2024.
- Income Drivers: Sizable annual capital injections (S$200K+), market compounding gains, leverage, CPF, property equity.
- Investment Philosophy: Maximise tax-efficient savings, maintain low expenses, diversify portfolios, deliberate use of leverage, and ambi‑FI mindset.
Final Thoughts
SGfirecouple exemplifies how consistent investing, smart use of CPF, disciplined saving, and calculated leverage can lead to impressive wealth accumulation—even in a high-cost city like Singapore. Their transparent journey offers a powerful roadmap for anyone aspiring toward financial independence.
Whether you’re invested in ETFs, setting CPF goals, or planning an aggressive savings strategy, SGfirecouple’s story is both inspiring and instructive—inspiring hope, and illustrating what a well-structured financial plan can achieve over time.
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