CPF Didn't Worked, will Compulsory Annuity Work?
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Not forget may have some spare change for car, credit card, condo, club membership and you know laOriginally posted by will4:I believe many more are considering giving up their citizenship already in order to their CPF. The money in the CPF can buy a bungalow in Malaysia.
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Which country u planning to go to?Originally posted by justcooler:Hey man i am already considering that options .....
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I am already in Australia, it is just that i am now considering if i should be here for long term.Originally posted by will4:Which country u planning to go to?
I have a aging dad to consider, Young ones like us can adapted to most lifestyles and environments. But not for someone my dad age.
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Reward those who withdraw their CPF after they die....?Originally posted by will4:I watch the report they planning to reward local who planned to delay withdraw their CPF to a later stage though. -
You can go to Cuba .... they don't work ... they got sugar dadies and they smoke havana cigars all day long! See you ... bye bye!Originally posted by mochou:might as well make singapore a total communist country.
You all work, dont get salary, govt keep them all for you. -
I think u should consider taking Australian citizen but how old is ur father?Originally posted by justcooler:I am already in Australia, it is just that i am now considering if i should be here for long term.
I have a aging dad to consider, Young ones like us can adapted to most lifestyles and environments. But not for someone my dad age. -
Haha.... ppl are planning their reitirement... and me too... just planning on immigrating, retiring else where and giving up my so call prized "citizenship"....Originally posted by justcooler:Hey man i am already considering that options ..... -
I wonder if this will made the PR give up their PR to get their CPF money?Originally posted by EarlNeo:Haha.... ppl are planning their reitirement... and me too... just planning on immigrating, retiring else where and giving up my so call prized "citizenship".... -
Good idea, please move to MY or AU, its getting crowded here.Originally posted by will4:I believe many more are considering giving up their citizenship already in order to their CPF. The money in the CPF can buy a bungalow in Malaysia. -
no use. More immigrants and "foreign talents" will be "bought" over by the govt to replace.Originally posted by TheGoodEarth:Good idea, please move to MY or AU, its getting crowded here. -
Well, looking at the petition response, I have to think that only a few hundreds are against it while millions are FOR annuity ? What can be done?Originally posted by dragg:they cannot and shouldnt make annuity compulsory.
who are they to tell us how we should spend our cpf?
This singapore phenomenon needs a thesis and investigative reporting to unearth the mentality of 1st world singapreans who are kiasi and kiasu and kia everything even their cars.
Your CPF money.
Many retirees want to do the things they could not do before retirement as they dun have the time nor savings to do so.
When retired, they actually have the money to realise their dreams, being high saver asians.
Some like to start some business with their years of experience and savings, much also stuck in cpf. By drawing bit by bit , little by little, their hardearned savings cannot be used for business investments!
Installments like 500/700 a month is also is not sufficient to do much except for daily things like taking the bus and maybe having a cup of kopi every day. Next time, I cannot guarantee this will be even sufficient for daily things like these if prices hike on a constant and regular basis, for so many items!
Thus, I feel that if I were to retire like this, not able to withdraw my money in cpf in large portions or completely, I could only retire and die never realising my dreams.
I hope the will of the people can bring about change and influence big decisions . If no one push for change, nothing will. Ghost and Air cannot help you right? only humans can help humans. and only humans can destroy humans. -
They say annuity that allows old people to withdraw a whopping $300 a month can last them long long much longer compared to withdraw 500.
I got a wise idea to even longer than this! let old retirees withdraw 150 a month. This they can withdraw even longer past 100 years old since more can live longer. If this plan still fails, tweak it to withdraw 30 dollar a month. Like this I think 130 years old no problem. dun pray pray leh. people can live longer leh.