I will not be able to get a cent from my ordinary and retirement account !!! I will have to struggle from 55 to 65 before the annuity pays out !!
I will not be able to get a cent from my ordinary and retirement account !!! I will have to struggle from 55 to 65 before the annuity pays out !!
I will not be able to get a cent from my ordinary and retirement account !!! I will have to struggle from 55 to 65 before the annuity pays out !!
I will not be able to get a cent from my ordinary and retirement account !!! I will have to struggle from 55 to 65 before the annuity pays out !!
you mean you still follow the annuity bullshit from your govt while you keeps on complaining about your govt here.
So you are also those who type so much yet do nothing offline.
I am not a very educated person and throughout my life, my highest salary was only $2,800.
I have paid for my 3 room flat and was really hoping to get some money when I turn 55 in 2013. I have checked with cpf and will be getting not a cent.
I will have to struggle to work to age 65 as my musculo skeletal health problem may not see me working as a chauffer for another year or two, let alone up to age 65 !!:(
The realisation after clarifying with CPF really saddens me.
I was also planning to go for a short trip that cost less than $1,000 when I reach 55 years old (I have not travel for the past 8 years!). All the plans are shattered.
Now I am wondering what I will work as from 55 to 65 years old.:(
The realisation after clarifying with CPF really saddens me.
I was also planning to go for a short trip that cost less than $1,000 when I reach 55 years old (I have not travel for the past 8 years!). All the plans are shattered.
Now I am wondering what I will work as from 55 to 65 years old.:(
The realisation after clarifying with CPF really saddens me.
As I have said earlier, I am not very educated and investment savvy as you. I am just a simple working class citizen.
I am very sure I cannot work until 65 due to my musculo skeletal problem.
Is there any way the rule can be bent ? Can I see my MP when I am 55 ??:(
All my lower working class friends around my age were shock to hear that by 2013 and at age 55, nothing from our ordinary account will be given to us by cpf, when I inform them this morning.
All the money in ordinary account will only be given to us only at age 65 or 67and in monthly instalments.
We are not spendthrifts and actually can survive on $500 a month. Now we have to work till 65 years old and some of us do have medical problems.:(
By the time you reach 65 and start to withdraw your money in monthly installments, the money will not be worth much for you to live on as the coming global hyperinflation will wipe out the value of your money in your CPF account.
The best way to cope is to continue working for the rest of your life.
As I have said earlier, I am not very educated and investment savvy as you. I am just a simple working class citizen.
I am very sure I cannot work until 65 due to my musculo skeletal problem.
Is there any way the rule can be bent ? Can I see my MP when I am 55 ??:(
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Some of us are really frugal in spending and can survive on $500 a month. Now we do not have a cent at age 55 and has to work till 65 with all our medical problems. Is it fair to us (those who are born 1958 and later)?:(