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This Is How People Spend their Retirement Life in Spore?

musashi

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sweetiepie

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Between the age of 60 to 90 years old, a retiree would need $300,000 saving on standby.

Assuming the overall living expenditure is $10,000 a year, excluding CPF monthly payout.
KNN bro how much do you estimate a retiree would need from 50 to 65 years old if he/she has accumulated $300k to live from 65 to 90 yo with the full retirement scheme payout by pap KNN
 

syed putra

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It's great to see the elderly in Singapore enjoying their golden years at a leisurely pace while doing what they enjoy. This shows what an excellent job the PAP is doing.
Unlike in Malaysia where even at 93 still must work 7 days a week dawn until midnight.
 

Robert Half

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KNN bro how much do you estimate a retiree would need from 50 to 65 years old if he/she has accumulated $300k to live from 65 to 90 yo with the full retirement scheme payout by pap KNN

Bro, 50 years old is a scary age in Sinkieland as the employability in one profession is gone. People retrain to become security guards or cleaners.

Assumingly at 50 if one still need to pay monthly housing loan plus living expenditure with 1 kid education.

At least $2,000 a month is needed & about $24,000 a year.

$360,000 is needed from 50 to 65 to cover everything.

An important note is that the last employable age for security guards is 59 once hit 60 nobody will hire you to become full-time guard only part time relief security stand-in.
 
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