Quote:
Originally Posted by Unregistered
Very well thought out retirement plan. This shows our policies are excellent.
1. Our HDB flat allows us to rent out when we retire.
2. Our CPF Life provides annuity.
The only problem is if there are not enough FTs to rent our flat. There are people saying we should cut the number of FTs working here. This is bad for retirees who need to rent out their rooms and flat for rental income. We need more FTs as our retirees is getting more and more every year. Oversupply of property is bad for retirees. |
This is good for younger people in SG. If not, people will have to inherit their parents
HDB in order to own homes. You can always sell your unit to get the money out.