Originally posted by maurizio13:I think the raising of draw down age (DDA) is to retain more money in the system, because with all the bad investments they are making, they run the risk of inflation with increases in the money supply.

scientifically speaking, that is a possibility.Originally posted by hloc:Hahaha... soon, they will tell us we can live forever..... therefore our CPF is on hold forever.![]()
Should be:Originally posted by mistyblue:imagine all those people age 61 and expecting to withdraw money maybe to make ends meet... suddenly are told they have to wait till 65
There are statistics, there are statistics and there are lies. - Mark Twain.
oh.. I got it in the reverse... But statistics can always be manipulated to "prove" whatever pet theory politicians want to prove.Originally posted by maurizio13:Should be:
There are lies, damn lies and statistics - Mark Twain
Yes. Statistics can be manipulated to prove the points of politicians.Originally posted by mistyblue:oh.. I got it in the reverse... But statistics can always be manipulated to "prove" whatever pet theory politicians want to prove.
Anyone who study research methodology or even accounting should know to read ever single line of fine print or assumptions before making a conclusion based on numbers.