Quote:
Originally Posted by Hurricane88
All about happjness and contented...if one think need 1 mil or more than csn retire but time running out so how...
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Living in Sinkie is never as simple as that, if so simple than many would have been able to retire comfortably when they reached 55 years old liao and not still have to slough away until 62 or 65
(Note: all data & figures from Google hor, not mine)
Lets say for illustration sake, for the most basic needs we will still need at least S$2K per month in Sinkie, given our average lifespan of 82 years we will need at least S$650K in retirement sum and I have not even considered/included yearly inflation & compounded sum for that 27 years yet
so do many of us Sinkaporeans really have that kind of remaining sum in our Si-Pee-F when we reached that first milestone given our "investment" in housing lah, children education lah....blah blah blah.....????
Thats why I keep saying you kena first prize TOTO of S$600K can retire liao, largi more if it had snowballed
Cheerios.......SS08 ^_^