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Old 10-02-2012, 05:36 PM
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Originally Posted by Unregistered View Post
For me, from 62, I expect $2,000/m from CPF Life (for both me and my wife) and $2,000/m from both our SRS. So, not too bad $4,000/m in our retirement... The Govt has planned this well....
only 4k?

paying up 2 studio apartments will give you rental income of more than that. and when you tire of collecting rent, you can sell the apartments for a couple of millions.

and CPF is subject to policy risk. the government may one day decree that retirement age is 88! our MM Lee still works when he's 88! you may not get the chance to enjoy your CPF. i don't count the money when i don't see it in my hands.
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