|
|
|||||||
| Investments and Net Worth Talk all about money making exploits, shares, property and building net worth |
Topic Review (Newest First)
|
| 10-12-2014 04:28 PM | ||
| Unregistered |
Quote:
If really retirement no enuff, then go work lah or **** off from this country. I am sure humans are smart enuff not to let themselves perish when facing difficulties, I mean havent our ancestors been doing that ever since we were apes lol |
|
| 09-12-2014 08:02 PM | ||
| Unregistered |
You don't need much at all as long as you have a fully paid flat, kids and meet your CPF min sum. If you meet the min sum at 55, and if both husband n wife working now, they will each get $1200 from CPF life. So you get $2400 pm. You can rent out two spare room for $1000 per room. You get $2000 pm. Your 2 kids give you both $1000 in total pm. So, combined passive income is $5400 pm. This is a lot for a retired couple. All this is possible if: 1. You both meet CPF life min sum. 2. We have many FTs to rent our spare rooms. 3. You have 2 good kids to give you allowance. This is the secret for happy retirement. |
|
| 05-12-2014 10:52 AM | ||
| Unregistered |
Quote:
$3500 in future convert to today may only be $1500 (my guess coz I dun know the inflation rate they used). For $1500, its enough for basic living ie food and transport. No holidays, no cars, no shopping and assumption that all ur debts r clear. If u buay tahan with $1500 a month, then too bad u dun retire, just keep working or pray ur children will support u. This is a simple fact doesnt need a rocket scientist to work that out... |
|
| 05-12-2014 10:33 AM | ||
| admin |
If you are not a millionaire, you shouldn't retire Read full article here: If you are not a millionaire, you shouldn't retire, say DBS financial experts | Salary.sg - Your Salary in Singapore |
|
