Wt_know Supersonic June 24, 2014 Share June 24, 2014 (edited) young rather not use cpf old liao also don't use cpf when use cpf? btw, 4% interest .... huat ah!!! Edited June 24, 2014 by Wt_know ↡ Advertisement Link to post Share on other sites More sharing options...
Jman888 Moderator June 24, 2014 Share June 24, 2014 Yes, always young at heart & mind ....... body not counted ... let you face a xmm in a room you will claim to be a tiger or dragon liao Link to post Share on other sites More sharing options...
Little_prince Supersonic June 24, 2014 Share June 24, 2014 young rather not use cpf old liao also don't use cpf when use cpf? btw, 4% interest .... huat ah!!! erm. dumb questions. what can special account used for? cannot buy house. cannot use for kids education. cannot use for medical. cannot withdraw at 55. 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic June 24, 2014 Share June 24, 2014 can use for "special" service only .... muahahahahaha erm. dumb questions. what can special account used for? cannot buy house. cannot use for kids education. cannot use for medical. cannot withdraw at 55. 1 Link to post Share on other sites More sharing options...
Wyfitms Twincharged June 24, 2014 Share June 24, 2014 erm. dumb questions. what can special account used for? cannot buy house. cannot use for kids education. cannot use for medical. cannot withdraw at 55. can be used for investment purpose. But not your investment hor, it is the government's investment! i don't understand... LSS say don't use CPF when we are young... how to not use CPF when HDB compulsorily wipe out all my OA account when i purchase a flat? And HDB purposely let our asset price shoot up so my OA becomes zero no matter how much i try to accumulate over the past decade of my working life Having said all that, i do love the advice that govt gives to ordinary singaporeans best way for Singaporeans to prepare for retirement is to use less of their Central Provident Fund (CPF) money when they are young best way to reduce medical cost is to stay healthy best way to not be affected by high cost of living is to have lower aspirations in life Link to post Share on other sites More sharing options...
Ktglfc Hypersonic June 24, 2014 Share June 24, 2014 can be used for investment purpose. But not your investment hor, it is the government's investment! i don't understand... LSS say don't use CPF when we are young... how to not use CPF when HDB compulsorily wipe out all my OA account when i purchase a flat? And HDB purposely let our asset price shoot up so my OA becomes zero no matter how much i try to accumulate over the past decade of my working life Having said all that, i do love the advice that govt gives to ordinary singaporeans best way for Singaporeans to prepare for retirement is to use less of their Central Provident Fund (CPF) money when they are young best way to reduce medical cost is to stay healthy best way to not be affected by high cost of living is to have lower aspirations in life All their infamous quotes will come back and haunt them, one fine day in 2016 Stay healthy by having lower asiprations in life; and CPF is still our money and we are still damned young at age 55, so be "song" whenever we see our monthly statement on our cpf money Link to post Share on other sites More sharing options...
Hydrocarbon Turbocharged June 24, 2014 Share June 24, 2014 pay up fast fast has its advantage too 1. your cpf OA start to build up reserve 2. your TDSR goes down 3. your MSR capability goes up 4. no home loan = priceless 5. can start to look for 2nd property liao Once you buy your second property, 2 and 3 goes up, 4 comes in headache coz got new loan to service! i thought when someone buys a new HDB, the first thing HDB will do is to wipe out the CPF OA balance? Then how to use our CPF less?? Sorry, was referring to those who count their monthly CPF contributions and use that as a benchmark for how much house they can buy so they can use up their entire CPF or top up by a little cash. Those are the people who will have headache when recession comes or retrenchment comes. Maybe middle age No wonder one middle aged man still serving when he looks so frail and most of his duties delegated to another person liao.. Link to post Share on other sites More sharing options...
Wt_know Supersonic June 24, 2014 Share June 24, 2014 what he meant - everyone is harping that at 55 can we take all CPF$ ... 55 is very young ... instead of thinking to use CPF$ ... contribute more CPF$ .... lol can be used for investment purpose. But not your investment hor, it is the government's investment! i don't understand... LSS say don't use CPF when we are young... how to not use CPF when HDB compulsorily wipe out all my OA account when i purchase a flat? Link to post Share on other sites More sharing options...
The_Bear Turbocharged June 24, 2014 Share June 24, 2014 Solve All The Problems 3 Link to post Share on other sites More sharing options...
RH1667 Hypersonic June 24, 2014 Share June 24, 2014 dying-young-blu-ray-cover-48.jpg Solve All The Problems Yes, this is another way to use less $ for retirement!! But then......guess not many wanted it this way! 1 Link to post Share on other sites More sharing options...
Evillusion Supersonic June 24, 2014 Share June 24, 2014 Lim Swee Say writes to CNA to clarify but leave more confused A swee say should not open his mouth.....he should write what he wants to say and read it.....foolproof wan.....write can erase wan....come out from mouth cannot delete liao! Sia Sway! Link to post Share on other sites More sharing options...
Wt_know Supersonic June 24, 2014 Share June 24, 2014 (edited) What Lim Swee Say Was Really Trying To Say Regarding CPF http://blog.moneysmart.sg/opinion/what-lim-swee-say-was-really-trying-to-say-regarding-cpf/ Edited June 24, 2014 by Wt_know Link to post Share on other sites More sharing options...
Windwaver Turbocharged June 24, 2014 Share June 24, 2014 The best way to prepare for retirement is to............................ DIE EARLY Link to post Share on other sites More sharing options...
Windwaver Turbocharged June 24, 2014 Share June 24, 2014 can be used for investment purpose. But not your investment hor, it is the government's investment! i don't understand... LSS say don't use CPF when we are young... how to not use CPF when HDB compulsorily wipe out all my OA account when i purchase a flat? And HDB purposely let our asset price shoot up so my OA becomes zero no matter how much i try to accumulate over the past decade of my working life Having said all that, i do love the advice that govt gives to ordinary singaporeans best way for Singaporeans to prepare for retirement is to use less of their Central Provident Fund (CPF) money when they are young best way to reduce medical cost is to stay healthy best way to not be affected by high cost of living is to have lower aspirations in life Not true. Even of you are willing to draw half your previous pay, it's still difficult to find a job. There are many discriminations going on; gender, age being the most prevalent. i.e, looking to hire people waiting for NS or University -> Only want young people 1 Link to post Share on other sites More sharing options...
Mobycane Clutched June 24, 2014 Share June 24, 2014 This thread is 10x more constructive than those I saw under Yahoo News! Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged June 24, 2014 Share June 24, 2014 (edited) what he meant - everyone is harping that at 55 can we take all CPF$ ... 55 is very young ... instead of thinking to use CPF$ ... contribute more CPF$ .... lol If he said that 55 yo is young, WHY DID Govt REDUCE THE CPF % FOR THOSE WHO REACH 50 YEARS OLD ? ask this fellow to F spider. Edited June 24, 2014 by Tigerwoods Link to post Share on other sites More sharing options...
Freestylers09 5th Gear June 25, 2014 Share June 25, 2014 yday nite got a news i read Aussie gahment wan raise retirement age to 70 world no 1 ..lol Link to post Share on other sites More sharing options...
Ahgong Supercharged June 25, 2014 Share June 25, 2014 erm. dumb questions. what can special account used for? cannot buy house. cannot use for kids education. cannot use for medical. cannot withdraw at 55. it is for govt to apply the estate and death tax after you go under, before releasing it to your love ones. ↡ Advertisement Link to post Share on other sites More sharing options...
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