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Turning 55 in year 2013 ...

Equalisation

Alfrescian (Inf)
Asset
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 !!:eek:
 

Equalisation

Alfrescian (Inf)
Asset
I am working as a chauffer now and do not think I have the health to work until 65. What am I going to do ?:eek:

All along I have been thinking that I can withdraw 50% of my ordinary account at age 55. At least whatever little the amount is, I can spend frugally up to 65 years old.:eek:
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
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 !!:eek:

If you've been working all your life, you should have no problems living off the returns from your savings and investments once you turn 55.

Treat the CPF scheme as a bonus and a pleasant addition to your investment income.
 

tonychat

Alfrescian (InfP)
Generous Asset
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 !!:eek:

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.
 

Equalisation

Alfrescian (Inf)
Asset
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 !!:(
 

SIFU

Alfrescian
Loyal
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.

CB kia tonychat,

too bad working as a pimp in thailand dont come with cpf huh..

:oIo::oIo: fucking chee bye idiot! sour grapes huh.:biggrin:
 

tua lam pah

Alfrescian
Loyal
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 !!:(

now you will understand when i say

'PAP, see you in hell'
 

Equalisation

Alfrescian (Inf)
Asset
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.:(
 

cooleo

Alfrescian
Loyal
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.:(

Cab driver / security guard / data entry / cleaner / cashier
 

tonychat

Alfrescian (InfP)
Generous Asset
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.:(

Isn't that a good reason for you guys to go out and show your displeasure to your govt? They change the rules like they change shorts.

but you sound like you just going to go to one corner and squeeze your balls instead of going out to shout out.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
The realisation after clarifying with CPF really saddens me.

All I can say is that you were rather naive in thinking that you'd actually be able to lay your hands on your CPF funds when you turned 55.

The writing was on the wall more than 20 years ago.

I wrote off the funds in my CPF account when I was 35 and revamped my retirement plan based on funds that I knew I would have control over.
 

Equalisation

Alfrescian (Inf)
Asset
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 ??:(
 

cooleo

Alfrescian
Loyal
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 ??:(

MP will tell u to fuck off and get a job! If you want to be insulted, pls go ahead
 

Equalisation

Alfrescian (Inf)
Asset
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.:(
 

Meltdown

Alfrescian
Loyal
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.
 

Equalisation

Alfrescian (Inf)
Asset
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.

It is not that we are lazy but some of us really do have medical problems. I just enquired with cpf this morning and am shocked to find out that those born in 1958 and later, cannot take a cent out of their ordinary account whilst those born before 1958 can do so at a % of their ordinary account.

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)?:(
 

johnny333

Alfrescian (Inf)
Asset
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 ??:(


There's alot of Sporeans in your boat. Vote opposition if you can, maybe it'll help the next generation.

Personally I think the CPF kitty is empty. LKY will probably die peacefully but LHL will have to run when Sporeans find out CPF empty, unless of course he dies of cancer :rolleyes:
 

SIFU

Alfrescian
Loyal
I

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)?:(

who u vote for? PAP or AP?

if PAP then u better suck thumb and u deserves it. if AP then u can fuck the 66% for being dumb asses.:biggrin:
 
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