Mooose 6th Gear April 2, 2021 Share April 2, 2021 2 hours ago, Kopites said: 200k? sing? Seriously? 40k sing can already get you a landed in Chiang Rai. https://www.thailand-property.com/2-bedroom-house-for-sale-in-wiang-chai-chiang-rai_6026233 haha i said under $200000 .. yup you can go to CR and get a house .. btw 1.6MB would be closer to $70000 .. cheaper than a cheap new car here! ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic April 2, 2021 Share April 2, 2021 21 minutes ago, Voodooman said: Not the world but the Beijing to Moscow trip via train. Probably eating instant noodles every day. If you are ateenager roughing it out on a backpacking trip, ok lah. if you worked you whole life only to retire amd go on a trip, dont do that lor.... 6 Link to post Share on other sites More sharing options...
Ct3833 Supersonic April 3, 2021 Share April 3, 2021 (edited) Obviously MCFers is a group of higher income people with some exceptions like T2 being at the extreme positive long end of the curve, but we must not forget that 50% of the household are getting less than 3k per month currently, they can barely meet their end needs, these are the people will have little cpf and cash left from month to to month, letting alone saving for their retirement, as a results, they will have to heavily depend on cpf for life to live beyond 65. So while we can debate about 3k or 5k or 10k per month for retirement, the real problem is not within this MCF Group of people 😅😅 Edited April 3, 2021 by Ct3833 9 1 Link to post Share on other sites More sharing options...
Jman888 Moderator April 3, 2021 Share April 3, 2021 46 minutes ago, Ct3833 said: Obviously MCFers is a group of higher income people with some exceptions like T2 being at the extreme positive long end of the curve, but we must not forget that 50% of the household are getting less than 3k per month currently, they can barely meet their end needs, these are the people will have little cpf and cash left from month to to month, letting alone saving for their retirement, as a results, they will have to heavily depend on cpf for life to live beyond 65. So while we can debate about 3k or 5k or 10k per month for retirement, the real problem is not within this MCF Group of people 😅😅 I think you mean Average per household member is below $3K, not 50% of household earn below $3k. 2 Link to post Share on other sites More sharing options...
Ct3833 Supersonic April 3, 2021 Share April 3, 2021 (edited) Delete Edited April 3, 2021 by Ct3833 Link to post Share on other sites More sharing options...
Somewhat1975 6th Gear April 5, 2021 Share April 5, 2021 On 4/3/2021 at 8:18 AM, Ct3833 said: Obviously MCFers is a group of higher income people with some exceptions like T2 being at the extreme positive long end of the curve, but we must not forget that 50% of the household are getting less than 3k per month currently, they can barely meet their end needs, these are the people will have little cpf and cash left from month to to month, letting alone saving for their retirement, as a results, they will have to heavily depend on cpf for life to live beyond 65. So while we can debate about 3k or 5k or 10k per month for retirement, the real problem is not within this MCF Group of people 😅😅 Not that bad lah. median household income is 9K+, only 10-20% of the household earn less than 3K. 1 Link to post Share on other sites More sharing options...
mersaylee Supersonic April 5, 2021 Share April 5, 2021 On 4/1/2021 at 9:09 AM, BoneStock said: my kid already have thoughts of moving out on her own even though she's still single. You're blessed...my gal even though single has thoughts that I move out instead...😂 8 Link to post Share on other sites More sharing options...
BanCoe Hypersonic April 5, 2021 Share April 5, 2021 19 minutes ago, mersaylee said: You're blessed...my gal even though single has thoughts that I move out instead...😂 u doting father just like @Jamesc with his MIL ......... so many similar situations 🤣 2 Link to post Share on other sites More sharing options...
TangoCharlie Supersonic April 5, 2021 Share April 5, 2021 27 minutes ago, mersaylee said: You're blessed...my gal even though single has thoughts that I move out instead...😂 To a JB nursing home...?🤣🤣🤣 1 Link to post Share on other sites More sharing options...
mersaylee Supersonic April 5, 2021 Share April 5, 2021 34 minutes ago, TangoCharlie said: To a JB nursing home...?🤣🤣🤣 Dont think she cares...but I don wan to be hui ge neighbour le...😁 1 Link to post Share on other sites More sharing options...
BanCoe Hypersonic April 5, 2021 Share April 5, 2021 41 minutes ago, mersaylee said: Dont think she cares...but I don wan to be hui ge neighbour le...😁 u liv in GCB , how we here can even afford 1 in your neighbourhood Link to post Share on other sites More sharing options...
Enye Hypersonic April 6, 2021 Share April 6, 2021 wah...sg no 5m cannot retire 😰 but mcf got so many retirees......means they all at least 5m and up 🤑 https://www.scmp.com/business/article/3128400/financial-freedom-costs-us4-million-hong-kong-second-only-london-data 🤣 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic April 6, 2021 Author Share April 6, 2021 (edited) 17 minutes ago, Enye said: wah...sg no 5m cannot retire 😰 but mcf got so many retirees......means they all at least 5m and up 🤑 https://www.scmp.com/business/article/3128400/financial-freedom-costs-us4-million-hong-kong-second-only-london-data 🤣 CNA said $2K/mth can already .... muahahaha no worries ... we got JB ... Hui Ge said one ... lol Edited April 6, 2021 by Wt_know Link to post Share on other sites More sharing options...
Ct3833 Supersonic April 6, 2021 Share April 6, 2021 It depends, if one lives lean and mean, 2k is enough, 5k is comfortable, if one wants luxury retirement, 10k also not enough. 4 Link to post Share on other sites More sharing options...
Kopites Supersonic April 6, 2021 Share April 6, 2021 On 4/5/2021 at 11:12 AM, mersaylee said: You're blessed...my gal even though single has thoughts that I move out instead...😂 Show her the title deed....whose name?🤣 1 Link to post Share on other sites More sharing options...
mersaylee Supersonic April 6, 2021 Share April 6, 2021 3 minutes ago, Kopites said: Show her the title deed....whose name?🤣 Mine is still with HDB for safekeeping sake even though no more outstanding... 3 Link to post Share on other sites More sharing options...
Enye Hypersonic April 6, 2021 Share April 6, 2021 30 minutes ago, mersaylee said: Mine is still with HDB for safekeeping sake even though no more outstanding... ah gong says you are just a tenant, no need title deed no outstanding means you are an outstanding tenant 🤣 1 4 Link to post Share on other sites More sharing options...
mersaylee Supersonic April 6, 2021 Share April 6, 2021 9 minutes ago, Enye said: ah gong says you are just a tenant, no need title deed no outstanding means you are an outstanding tenant 🤣 Agreed...that's why I neber bother... I'm so good to pay full and stay for free...hor?😅 ↡ Advertisement Link to post Share on other sites More sharing options...
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