Does everyone in singapore really have lot of savings and investment?

Always came across post and info about people having 5,6 figure wise of saving and lot of investment parked aside while they are just in their late 20s or 30s

Is it really the case? I am a 27M, only have few thousands in the saving and have a family, sometimes feel like sky and land sia while reading those things, make me wonder am I living my way wrong.