Atonchia Supersonic December 4, 2019 Share December 4, 2019 12 hours ago, 13177 said: This article indeed paint a very nice picture that fresh local uni grads can get at least $5k or even more when they are only in their mid 20s! This guy not bad la, 24 year old salary already $5-6k, i guess many people 42 year old might not even earn this salary? Or earning such salary but they are already in their 40s liao. If 24 year old already earning $5k, then when he reached 40s, his salary at least $20k liao? When 40s, Depending if join the right insurance brokerage or property firm. ↡ Advertisement Link to post Share on other sites More sharing options...
Victor68 Turbocharged December 4, 2019 Share December 4, 2019 It is no laughing matter to be 'displaced' at this kind of age especially when you have reached beyond 45. I used the word 'displaced' instead of entrenched because for the later , you may recieved some package to tie you over till you settle down. Financially the family will have heavy dependence on this individual. So imagine as citizen you struggle while jobs were given to support foreigner families. So what are you doing in your homeland doing national service? It has to be Singaporean first. For those that choose not to work, even without FT, there is absolutely nothing the government can help. 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 4, 2019 Share December 4, 2019 Oh no wonder https://www.todayonline.com/singapore/singaporeans-either-poorly-or-highly-prepared-retirement-inequality-may-worsen-survey?cid=emarsys-today_TODAY's morning briefing for Dec 5, 2019 (ACTIVE)_newsletter_05122019_today Link to post Share on other sites More sharing options...
Wt_know Supersonic December 5, 2019 Share December 5, 2019 (edited) @fakenews la !!!!!!! ... 80% of sporeans live in hdb ah gong said as long as got hdb ... can retire "song song gao jurong" liao .... isn't the retirement plan is auto-pilot liao? https://www.youtube.com/watch?v=d0Wgdy_dIRY https://www.youtube.com/watch?v=iZUj849PHxg Edited December 5, 2019 by Wt_know Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2019 Share December 5, 2019 8 hours ago, Atonchia said: Oh.....!! SS is Sheng Siong!! I keep thinking why want to join Secret Societies 😅 Abo then.....wahahaha If you see me in SS, plse wave and say hello, ok? Then i can bow to you Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2019 Share December 5, 2019 From the research Why am i not surprised leh? muayhahaha but they didnt mention about people who keep many Rolexes sure can retire leh Link to post Share on other sites More sharing options...
Beehive3783 Turbocharged December 5, 2019 Share December 5, 2019 6 hours ago, Wt_know said: @fakenews la !!!!!!! ... 80% of sporeans live in hdb ah gong said as long as got hdb ... can retire "song song gao jurong" liao .... isn't the retirement plan is auto-pilot liao? https://www.youtube.com/watch?v=d0Wgdy_dIRY https://www.youtube.com/watch?v=iZUj849PHxg But some pubor in PAP said HDB value will depreciate to zero over time. So how? 1 Link to post Share on other sites More sharing options...
Atonchia Supersonic December 5, 2019 Share December 5, 2019 6 hours ago, Throttle2 said: Abo then.....wahahaha If you see me in SS, plse wave and say hello, ok? Then i can bow to you Ok ok😅 Not bow lah, maybe last time SOGO bow? Sheng Siong: All For You The hand sign is Right hand tap left shoulder then point to the front with the right hand fully out stretch. 1 Link to post Share on other sites More sharing options...
Sosaria Turbocharged December 5, 2019 Share December 5, 2019 8 hours ago, Throttle2 said: From the research Why am i not surprised leh? muayhahaha but they didnt mention about people who keep many Rolexes sure can retire leh This research like waste time only telling people what is obvious. So obviously if don't want to be "sandwiched" then make sure one piece of bread is not added, i.e. young children. And living in rental homes simply means more CPF saved up , and so more ready for retirement. Obvious. But whether it's practical or not to keep renting till old age, is left unspoken. Maybe continue renting ... in Malaysia! Link to post Share on other sites More sharing options...
Angcheek Hypersonic December 5, 2019 Share December 5, 2019 18 hours ago, Atonchia said: Oh.....!! SS is Sheng Siong!! I keep thinking why want to join Secret Societies 😅 maybe he big boss in some loan shark org 🤧 3 1 Link to post Share on other sites More sharing options...
Voodooman Supersonic December 5, 2019 Share December 5, 2019 1 hour ago, Sosaria said: This research like waste time only telling people what is obvious. So obviously if don't want to be "sandwiched" then make sure one piece of bread is not added, i.e. young children. And living in rental homes simply means more CPF saved up , and so more ready for retirement. Obvious. But whether it's practical or not to keep renting till old age, is left unspoken. Maybe continue renting ... in Malaysia! That may not be obvious to many who are counting on their HDB (sole property) for retirement. Link to post Share on other sites More sharing options...
Sosaria Turbocharged December 5, 2019 Share December 5, 2019 10 minutes ago, Voodooman said: That may not be obvious to many who are counting on their HDB (sole property) for retirement. How to rely on HDB for retirement? Can't sell it off because still need a roof over the head. Though now the way out seems to be to "downgrade", i.e. seniors buy an old folks flat that come with shorter leases, while selling off their present fully paid up flat, and this releases some part of the locked-in funds 1 Link to post Share on other sites More sharing options...
Playtime Twincharged December 5, 2019 Share December 5, 2019 53 minutes ago, Sosaria said: How to rely on HDB for retirement? Can't sell it off because still need a roof over the head. Though now the way out seems to be to "downgrade", i.e. seniors buy an old folks flat that come with shorter leases, while selling off their present fully paid up flat, and this releases some part of the locked-in funds how bout not pricing housing so ridiculously in the first place. then peoples cpf wont be emptied out. Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2019 Share December 5, 2019 1 hour ago, Sosaria said: How to rely on HDB for retirement? Can't sell it off because still need a roof over the head. Though now the way out seems to be to "downgrade", i.e. seniors buy an old folks flat that come with shorter leases, while selling off their present fully paid up flat, and this releases some part of the locked-in funds Got hdb monetization scheme leh. Can unlock a lot of money i heard. we are saved! Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2019 Share December 5, 2019 46 minutes ago, Playtime said: how bout not pricing housing so ridiculously in the first place. then peoples cpf wont be emptied out. Cannot..... if i dont wipe your cpf out, how will you be my slave for life? you tell me Muayhahahahahah 1 Link to post Share on other sites More sharing options...
Windwaver Turbocharged December 5, 2019 Share December 5, 2019 On 12/3/2019 at 10:01 PM, Scion said: i love these kind of reporting.... so that many fresh grads think they can command 5-6k and wait for someone to offer them that amount.... wait and wait until cows come home 😂😂 Yeah, I wonder if it's really possible. 20+ years ago , fresh programmers from Uni asking SGD$2.2K, now can hit $5K? Link to post Share on other sites More sharing options...
bluesky3000 1st Gear December 5, 2019 Share December 5, 2019 3 hours ago, Throttle2 said: Got hdb monetization scheme leh. Can unlock a lot of money i heard. we are saved! Also not confirmed yet.. They announce like never announce like that.. Vaguely talk about the scheme just to placate some critics for now. Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 6, 2019 Share December 6, 2019 11 hours ago, Windwaver said: Yeah, I wonder if it's really possible. 20+ years ago , fresh programmers from Uni asking SGD$2.2K, now can hit $5K? Can. ↡ Advertisement Link to post Share on other sites More sharing options...
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