lIf you had to ask, it means only 2 things:
1. You are totally clueless about your expense upon retirement, risk of inflation, and risk of unplanned medical expenses
2. You chose to ignore the reality.
Quote:
Originally Posted by Unregistered
Strange that so many people are thinking of leaving Singapore upon retirement. Is Singapore really an expensive place to live for retirees?
How much does a meal cost? $4 (coffeeshop) to $40 (good meal in a restaurant)
How much does public transport cost?
How much does recreational activities cost? Movies ($10), swimming ($2), library and shopping (free)?
How much money do you really need to lead a fulfilling life upon retirement?
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