Lee Hsien loong now wants Sporns to live on less, work longer or save more

[Leongsam]

i like to ask for my CPF to be returned at 55. what the fark you dont understand? this type of things still need to clarify meh?

Your CPF is returned at 55. This milestone has never been changed. I withdrew more than $500,000 when I turned 55.

 

[winnipegjets]

How about taking more responsibility for your own retirement instead of expecting other taxpayers to fund your twilight years of economic inactivity.

We are ...but the government doesn't want to let us. You see, if we invest all our CPF money in SPY, we would be getting 10 percent return. But the government wants to use our money to make money and then gives us a peanut return of 2.5 percent, pocketing the difference.

 

[Leongsam]

We are ...but the government doesn't want to let us. You see, if we invest all our CPF money in SPY, we would be getting 10 percent return. But the government wants to use our money to make money and then gives us a peanut return of 2.5 percent, pocketing the difference.

How do I put my money in this fund that guarantees 10% return on an SGD denominated deposit.

 

[krafty]

boss, you are luck that you live beyond 55, many i know and heard, that when they reached fifties, already hand in pink IC.

Your CPF is returned at 55. This milestone has never been changed. I withdrew more than $500,000 when I turned 55.

 

[Cerebral]

Your CPF is returned at 55. This milestone has never been changed. I withdrew more than $500,000 when I turned 55.

I assume your 500k or more did not come from pure contributions. I am sure it include profits from property sale...

 

[Leongsam]

I assume your 500k or more did not come from pure contributions. I am sure it include profits from property sale...

Profits from the sale of property can be withdrawn at any time. You don't have to wait till you're 55. You pay the interest plus principal back into your account and anything above that is yours to do as you please.

 

[The_Hypocrite]

I meant in the sense tat ppl can choose to die w dignity. No as food.

yes singaporeans should feel dignified that they are able to contribute to society even after their deaths as pieces of condiments found in ramen noodles.

 

[Confuseous]

We pay him millions to express such "wisdom" ?

Do we need to be paid millions to talk hometruths like this? My maid could have told me that.

Oh well, as Wanker Cunt Seng said of Mas Salamat - "If he is not in Singapore, than he must have left the country."

 

[johnny333]

Profits from the sale of property can be withdrawn at any time. You don't have to wait till you're 55. You pay the interest plus principal back into your account and anything above that is yours to do as you please.

If you sell your home where do you expect to stay in Spore

 

[Leongsam]

If you sell your home where do you expect to stay in Spore

I sold my investment properties not the roof over my head.