The fact that many Singaporeans can retire in comfort proves beyond doubt that a strong economy, the abundance of jobs and asset enhancement combine to make Singaporeans one of the luckiest people on earth.
You are like the kwailos looking from afar ...forming conclusions based on half-based info spinned out by the PAP propaganda machine. 'Many sinkees can retire in comfort' - if that is true, the CPF would not be an issue lah.
In fact there has been a surge of arrivals of retired Sinkies in their mid 40s who have cashed out and are retiring in NZ. I just met a whole group of them at a recent get together. A number of them told me that others in their cohort are planning to do the same.
Those who left are the ones who see the problems ahead in their retirement years ...they wouldn't have enough for retirement. And they are the higher earning ones.
The majority of sinkees are living off $1700 take-home pay. Wonderful life?