i can only surmise that :
OUR CPF VAULT IS REALLY EMPTY!!!
hence the extended period - or never the intention to return the cpf savings.
I have withdrawn more than $400,000 without any problems.
There are many ex Singaporeans in Auckland who gave up their citizenship and withdrew all their CPF savings. None have faced any issues.
Singapore is in a very strong financial position thanks to the prudence of the PAP.
Why u withdraw...u should keep your monies in cpf since u trust PAP so much.
I had too much in cash. I needed to diversify.
I have withdrawn more than $400,000 without any problems.
There are many ex Singaporeans in Auckland who gave up their citizenship and withdrew all their CPF savings. None have faced any issues.
Singapore is in a very strong financial position thanks to the prudence of the PAP.
if u said CPF is the safest and the bestest,then there is no need to diversify,since diversification is the fear that something might go bankrupt or lose money.for example: not putting ur eggs in one basket.
CPF is already a diversification itself,it is a portfolio of investments designed to give u a guaranteed return on investment.
I have withdrawn more than $400,000 without any problems.
There are many ex Singaporeans in Auckland who gave up their citizenship and withdrew all their CPF savings. None have faced any issues.
Singapore is in a very strong financial position thanks to the prudence of the PAP.
so how much more left in the cpf after u withdrew out 400k ??
Fact is the Govt in no financial position to ret our cpf if we hit 55. Unless Temasek x Glc close shop, imagine all tos scholars and BGiii jobless.
Around $500,000 for all accounts combined.
u served ns in the 70s...quit sinkieland several years back...guess u're 60+ now
knn still can have 900,000k in the cpf....
why not share ur fairy tale success with us leh...![]()
Hard work, prudence and working for myself instead of for others.
The world is made up of different kind of people. Capitalism thrive because there are suckers. If there is only prudent people in the world, business won't be able to grow yearly.
I have never claimed that there are no suckers in this world. They are part and parcel of the ecosystem.
What I am saying is that a person's destiny is not cast in stone upon birth. All of us are capable of making conscious choices to avoid being suckers. I dispense my advice exclusively to members of this forum so that they can avoid being suckers. Leave the suckers to populate the other parts of cyberspace such as fuckwarezone, facebook etc.
I have never claimed that there are no suckers in this world. They are part and parcel of the ecosystem.
What I am saying is that a person's destiny is not cast in stone upon birth. All of us are capable of making conscious choices to avoid being suckers. I dispense my advice exclusively to members of this forum so that they can avoid being suckers. Leave the suckers to populate the other parts of cyberspace such as fuckwarezone, facebook etc.
That why the PAP must go, they have long treated Sinkies as Suckers, the list goes on, NS for Sinkies Jobs to FT, Free Uni Edu to FT, Holding back CPF for their own investment, Paying emself like no tmr.........
time to boot these scums out!