This is the hard truth,so i can only down grade my life style.
Without inflation, u need 480k. How I guesstimate is to double that amt to factor a 3% inflation (roughly only lah, no Excel spreadsheet used). So, by my primitive method, u need 1 mil. But is 2k sufficient? To start with, even at today' s price, 2k like buay kau leh.
This is what i need and i start planning at the age od 45.
This is what i need and i start planning at the age od 45.
One question, if you reach the age of 65 and you have zero income for whatever reason.You need 2k for expenses a month and you can live to the age of 85.How much do you need?
True
Monthly pay goes straight to car instalment
In Singapore most of them are stress out because they over spend and live a life style which they cannot afford.
In Singapore most of them are stress out because they over spend and live a life style which they cannot afford.
In some parts of China, the retirees are really enjoying retirement. Retirement or monthly pension payout, appreciation of their properties prices.
In Netherlands, they have quality retirement lifestyle too.
And well, Greece....retirement early , laze around on the account of Euro zone . Hehe .
True. Bcos world system are nothing but ponzi schemes
There is no country for old folks to live a decent life.....be it man or woman anywhere in this present moment. Just look at euro now coping with the fugitives from Middle East, Africa and Afghanistan. Sad to see....so be happy with what you have got
True. Bcos world system are nothing but ponzi schemes
There is no country for old folks to live a decent life.....be it man or woman anywhere in this present moment. Just look at euro now coping with the fugitives from Middle East, Africa and Afghanistan. Sad to see....so be happy with what you have got.
Dude I just came back from KL few weeks ago. starbucks1 cup latte 12 ringgit. You think if you re not earning SGD you can afford to live there? Everyone who keep saying JB cheap cheap never think properly....
True. Can go africa cheap oso
Dude I just came back from KL few weeks ago. starbucks1 cup latte 12 ringgit. You think if you re not earning SGD you can afford to live there? Everyone who keep saying JB cheap cheap never think properly....
I dun think its hard for low to middle income to retire. I think its cannot retire for low income. For middle income likely need to downgrade hdb or move to jb. Even eat salted egg salted veggie 3 meals a day costs couple hundreds a mth...not forgetting medical cost
There is no country for old folks to live a decent life.....be it man or woman anywhere in this present moment. Just look at euro now coping with the fugitives from Middle East, Africa and Afghanistan. Sad to see....so be happy with what you have got.
Dude I just came back from KL few weeks ago. starbucks1 cup latte 12 ringgit. You think if you re not earning SGD you can afford to live there? Everyone who keep saying JB cheap cheap never think properly....
I dun think its hard for low to middle income to retire. I think its cannot retire for low income. For middle income likely need to downgrade hdb or move to jb. Even eat salted egg salted veggie 3 meals a day costs couple hundreds a mth...not forgetting medical cost
Even western side continue the sliding.. Tomorrow sure horror show
Dude I just came back from KL few weeks ago. starbucks1 cup latte 12 ringgit. You think if you re not earning SGD you can afford to live there? Everyone who keep saying JB cheap cheap never think properly....
I dun think its hard for low to middle income to retire. I think its cannot retire for low income. For middle income likely need to downgrade hdb or move to jb. Even eat salted egg salted veggie 3 meals a day costs couple hundreds a mth...not forgetting medical costs
Singapore is expensive city. No monies no tok. Low to middle income earners hard to retire in comfort.
Sadly soon many SMEs will go bust or downsize resulting in job cuts. Many people are already cutting expenses to bolster finances. Dark days indeed.
There is no recession is sg. Coe still high. Property high
singapore is in recession and headed for worse times ...manufacturing should not be our focus now... long time ago should haf shifted focus..China Indo vietnam all can manufacture cheaper liaw... what now for us? scary the tot... are we going to be an extinct nation?
