when people grow old
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they can take out their cpf to feed themselves right?
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yes
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that's what their cpf are for..when they retired at a certain age they can take out their money and use it
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try to save it, if you have enough money
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YES!!! When you are old, you can take out CPF and if you are a man, some China woman will come and suck up your CPF money for you..don't worry..
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Wait till your time comes, and you find out what and how much they allow you to "take out"...Originally posted by Omniknight:they can take out their cpf to feed themselves right?
Believe me - it's just an ILLUSION....
And depending on your age now, by the time your turn comes around, the retirement age may have again been pushed forward further away...
Face it, although we can't prove it, our government is spending our money....
and find it increasingly hard to put back every year.... -
yes
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That is provided you have money left in CPF.Originally posted by Omniknight:they can take out their cpf to feed themselves right?
Most people bought properties at high price, still paying housing loan.
One must also leave a min. sum in CPF ordinary a/c, Special Acct. & Medisave, so nothing much left to take out -
if our cpf money is used to support ourselves during our retirement age, then...
y so many aunties and uncles working at fastfood restaurants...
y so many aunties and uncles cleaning the toilets...
y so many aunties and uncles clearing the tables... -
your total cpf minus your hdb price minus the minimum amount to be set aside will leave you with hardly anything.
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are u refering to ur grand grand mother or grand grand father?Originally posted by alleggerita:YES!!! When you are old, you can take out CPF and if you are a man, some China woman will come and suck up your CPF money for you..don't worry.. -
now cpf not enuff to last through retirement liao lo...
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Oops..forgive me..some MODERN china woman..haha!Originally posted by kiss_my (_i_):are u refering to ur grand grand mother or grand grand father? -
u can possibly survive on the cpf payout for the rest of ur life..
things are getting more and more expensive..
and govt wana raise the retirement age..
we will have to slog longer.. by the time i die, duno whether i 'retire' liao or not. might not even live to spend my hard-earned money. -
x2Originally posted by browniebaobao:u can possibly survive on the cpf payout for the rest of ur life..
things are getting more and more expensive..
and govt wana raise the retirement age..
we will have to slog longer.. by the time i die, duno whether i 'retire' liao or not. might not even live to spend my hard-earned money.
Go see some politics blog.
Got say one. I read b4. -
can, cpf is meant for elderly
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say nice is can take out. but in e end still goes back to government.
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That's because HDB flats are getting more expensive- they are launching 5-rm. at $600,000+ in Boon Keng.Originally posted by dragg:your total cpf minus your hdb price minus the minimum amount to be set aside will leave you with hardly anything.
Don't forget the govt cut CPF, but didn't restore fully.
Then we have to pay Medishield, Eldershield etc., so more money goes out & less remains.