CPF: I would argue there is nothing fundamentally wrong per say with our Cpf but only in the area of withdrawal. At 55 most of us would have cleared the minimum sum, but not by much, and also not everyone has a fully paid hdb to pledge, hence the unhappiness and roadblock...
the problem becomes more obvious when we mature into the 55 to 65 age group...hard to sustain and find a job everyone calls u an old fart some loans like kids uni tuition fees still outstanding and recently more cpf contributions earning less disposable income...a decent income of 3k pm means 360k over 10 years until the payout age of 65...so this is the area where sgreans in their 40s should focus on...
Obvious connecting issues here are: wages are too low, cpf retirement interest too low, university fees are expensive (lots of sgreans use their cpf to pay for their childs local uni fees) nothing much to talk about housing being too expensive here cos there are always choices, only issue is how much sleep u want to sacrifice