- Joined
- Dec 30, 2010
- Messages
- 12,730
- Points
- 113
The minimum sum that you need to have at 55 in your CPF keeps getting higher. Many won't see their money at 55. So you have to work till you drop dead. (And you cannot touch anything until you are 65, TEN YEARS later, with miniscule monthly drawdowns).
I have discussed how such costs could be brought down, or at least contained. But to do that, it means less revenue for PAP and their governing bodies. Looks like they are contended to keep its citizens working, so that they can tax you more. Here is the article I published.
- http://wherebearsroamfree.blogspot.sg/2012/06/cpf-min-sum-making-sure-you-work-till.html
I have discussed how such costs could be brought down, or at least contained. But to do that, it means less revenue for PAP and their governing bodies. Looks like they are contended to keep its citizens working, so that they can tax you more. Here is the article I published.
- http://wherebearsroamfree.blogspot.sg/2012/06/cpf-min-sum-making-sure-you-work-till.html
