KNN thanks for the feedback. which means if sinkie wants to have a basic retirement at 50 he needs to set aside 660k cash with a full etirement sum inside his cpf KNN
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This Is How People Spend their Retirement Life in Spore?
- Thread starter micromachine
- Start date
Why are so many people of the mindset that the only way to earn money is from being hired by someone.
The way to make money is not to be hired but to do the hiring instead. EG you can hire a team of 10 old farts to collect cardboard and pay them a wage. Anything more than your wage bill is then pure profit.
Could be an old lawyer @ People's Park discreetly touting for business.
It is very difficult to run a business as many people prefer to become a low wage employee at their 50s.
I ever thought of opening a cleaning company providing cleaners to client sites but again difficult to find customers & tough to hire people who want to wash toilets.
million hair........
When you wear belt........ you don't wear suspenders. 
Ok, at least they have a reserve or substitute, in case the worst happens.
Many Singapore ah peks wear belt and suspenders at the same time! Perhaps they do it for extra security in case lao gui kor.
If you are thrifty, spending $15 a day on food, either cooked food outside or cook yourself, is adequate, $10,000 would barely make it, but cutting corners, it can. Assuming that one, does not have old age diseases that require long term medication or periodical visits to specialist; it is enough. Your figure of $300,000 is reasonable, provided that the PAP raising GST, 4G or 5G salaries, utilities, medical costs...$300,000 will not be enough, at least $600,000.
The biggest cost one have to face each day, are indirect taxes, plus A VERY EXPENSIVE GOVERNMENT & A USELESS PRESIDENT, in which we have to pay indirectly, whether we vote for them or not.
Based on Robert Half’s illustration:
I think not many PMETs or lower wage workers are able to achieve a savings of $300,000 for retirement excluding monthly CPF payout.
Unless you downgrade your HDB 5-rooms flat to a 2-rooms Flexi and provided you need not pay for your children tertiary education.
I think not many PMETs or lower wage workers are able to achieve a savings of $300,000 for retirement excluding monthly CPF payout.
Unless you downgrade your HDB 5-rooms flat to a 2-rooms Flexi and provided you need not pay for your children tertiary education.
If you want to witness expensive, useless government just take a trip to NZ.
The grass appears to be greener on the other side. Believe what one sees and See what one believes.
This is NZ. Factual and true.
[Look at people's comment/feedback]
https://www.knzb.org.nz/2017/10/03/beautiful-awards-2017-finalists-announced/
https://inframanage.com/recession-ends-growth-follows-the-new-zealand-experience/
The grass appears to be greener on the other side. Believe what one sees and See what one believes.
This is NZ. Factual and true.
View attachment 46589
[Look at people's comment/feedback]
https://www.knzb.org.nz/2017/10/03/beautiful-awards-2017-finalists-announced/
https://inframanage.com/recession-ends-growth-follows-the-new-zealand-experience/
Beautiful scenery does not put food on the table and cash in the wallet.
R Half, Just get in touch with our resident John Tan, he will fix you up the net working you need to a profitable business.
Clean and green Singapore does not put food on the table and cash in the wallet. Maybe for seLEEcted few.
Clean, green Singapore also provides abundant opportunities for those who want to thrive and prosper.
This we pay through our arse to the Familee and his Cronies. Imagine a rubbish dumpster cost 800k sgd.
PreciseLEE and that dumpster should come in handy when it's time to throw out the arrogant, incompetent, and useLEEss and used WORLD'S HIGHEST-PAID LEEders.
I have a National Day message for all my fellow Singaporeans here.
Never lose your job easily ...
Try your very best to hold onto your job as times are really bad now
Never lose your job easily ...
Try your very best to hold onto your job as times are really bad now
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