 |
|
01-10-2020, 09:27 PM
|
|
|
Quote:
Originally Posted by admin
Based on info from this article [s://.straitstimes.com/business/need-13m-to-retire-depends-how-you-live[/, you will need $1.3m to $2m to retire in Singapore.
|
When they mentioned about 3k per person, I dont think the number is right. They are trying to promote something. It is pretty common for insurance agents to tell you that you need 5k pm to retire etc. What a bull crap. What makes you think that your expenses suddenly increase by 2 to 3x after retirement? If you are worried about medical cost. You can buy insurance and it wont cost more than 600 per month.
|
03-11-2020, 02:02 AM
|
 |
Junior Member
|
|
Join Date: Nov 2019
Location: London, UK
Posts: 6
|
|
An amount of money that would allow me to spend around 30k a month.
|
12-12-2020, 08:01 AM
|
|
|
Plan to retire at 65 with a passive income of $5k a month for wife and me
CPF ERS: $2k
CPF FRS: $1.4k
Rental income: $2k
Total: approx $5k
But getting to 65 is a challenge....
|
01-01-2021, 08:16 PM
|
|
|
Best Job in Singapore
To retire in Singapore, go for civil servant jobs not foreign talent competition and easy jobs just to make bosses happy and feel special. No retrenchment.
Honestly, is there so much things to work on and re-invents in the public jobs, not really as we are already in 50 to 60 years into the Singapore soft and hardware.
The best job in Singapore. Get a civil servant job, leave at 62 at retirement age and invest in property. Best job, no late night calls just make your boss feel special.
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
