How many months saving can last if one got the R slip?

chootchiew said:

Hi I calculated mine can last 26.7 yrs but is under frugal

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JohnTan said:

At my current spending level, my family and I can last about 30 years on our savings. If we live a bit more frugally, travel only to ASEAN or cheap Asian destinations, we probably can easily last a lifetime.

When you are a newbie at work, make good financial plans. Hook up either with a girl who is far richer than you, or a girl who shares your dreams and aspirations. Shag the gold-diggers and dump them. You won't have much of a retirement plan if you spend more than you earn, especially on big-ticket items like housing, wedding and car. Get multiple streams of income too.

It's so simple, but yet so many sinkies are that dumb.

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chootchiew said:

Looks like retrenchment is not in the dictionary for all the bros in sbf

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Wunderfool said:

The key is to bounce back after you got retrenched.

Sometimes, it may take a few months or even a year or more to get the next job.

Nevertheless, even if you don't have a steady job, there are many options that you can earn money while you are in between jobs. You can trade anything on the internet ( stock, bond, alternate investment ). You can rent out a room. You can do part-time teaching. You can drive a taxi. Never say never.

If you can sing, you can do what this guy does

https://www.youtube.com/watch?v=h-GDRfouxKg

If he can do it, why can't you ?

真佩服这样的顽强意志！

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lifeafter41 said:

It boils down to the expenses per se. If one has children still in JC or even Uni where expenses are the most, it will be tough. Just imagine if there is 3 kids, with 2 in Uni and 1 in poly and if there is still mortgage to pay off, it's going to be very tough......

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lifeafter41 said:

It boils down to the expenses per se. If one has children still in JC or even Uni where expenses are the most, it will be tough. Just imagine if there is 3 kids, with 2 in Uni and 1 in poly and if there is still mortgage to pay off, it's going to be very tough......

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frenchbriefs said:

children worst investment in the world.better to invest in this index etf.and when u are rich and famous u can go adopt children like what famous celebrity do.adopt five children,one from africa,one from asia,one from middle east,one from eastern europe and one from western europe.better yet be same sex couple and adopt children.love does not have to come from traditional ways.

having children ur returns may unpredictable and vary.u might end up as 80 year old grandma picking cardboard for exercise having spent most of ur life income raising a bunch of useless sinkie kids,especially in singapore,if u look at statistics,nearly 31% of elderly singaporeans remain in the workforce after the age 64,due to insufficient retirement funds or not wanting to "burden" their own children,in other words ungrateful unfilial sinkies do not want to take care of their ageing parents.children dont give a fuck about u,state and government dont give a fuck about u.use u as political agenda.

do u want to take this gamble with ur "life" ?do u want to end up homeless and destitute when u are sixty four years old and suppose to be enjoying ur golden years like the aussies in the casinos and eating free buffets?

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Wunderfool said:

One of the sad things about the new generation of sinkies is that they are too pampered.

If the children are in Uni or Poly, they should go and earn some money to pay for their school fees. There are tuition jobs for them if they are willing.

Why does the burden of supporting the family have to fall solely on the poor father who may lose or already lost his job ?

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frenchbriefs said:

children worst investment in the world.better to invest in this index etf.and when u are rich and famous u can go adopt children like what famous celebrity do.adopt five children,one from africa,one from asia,one from middle east,one from eastern europe and one from western europe.better yet be same sex couple and adopt children.love does not have to come from traditional ways.

having children ur returns may unpredictable and vary.u might end up as 80 year old grandma picking cardboard for exercise having spent most of ur life income raising a bunch of useless sinkie kids,especially in singapore,if u look at statistics,nearly 31% of elderly singaporeans remain in the workforce after the age 64,due to insufficient retirement funds or not wanting to "burden" their own children,in other words ungrateful unfilial sinkies do not want to take care of their ageing parents.children dont give a fuck about u,state and government dont give a fuck about u.use u as political agenda.

do u want to take this gamble with ur "life" ?do u want to end up homeless and destitute when u are sixty four years old and suppose to be enjoying ur golden years like the aussies in the casinos and eating free buffets?

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lifeafter41 said:

Yep chootchiew, it seems forumers here are quite well to do. We have not even touch on cpf life payout.......

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shittypore said:

CPF we contribute belongs to the Familee, today say got CPF life but if Miss HO not happy tmr she shift the GOAL POST AGAIN, how, better take it as burnt no pain and agony waitin for it.

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Leongsam said:

My savings will last a lifetime because I do not touch the principal.

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Leongsam said:

My savings will last a lifetime because I do not touch the principal.

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NanoSpeed said:

That means you cannot hold waist.

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chootchiew said:

Yup u got my points all right.
No waist to hold vs no need to work make me struggle to decide till now.

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