Comparing % may be just the trick of financial planners who try to convince you to buy their products 

No dispute 

Actually everyone has different expectation and needs. Its just that my bro is risk averse. Hence his choice is clear.

To tell him that FD interest can't beat inflation is not accurate too, because of his circumstances. The statement that is so regularly brought up "inflation will eats up your FD interest" also does not apply to every circumstances. So, depends on one's needs, FD is not always a bad choice even if taking inflation into account

There's nothing worse than a hospital that runs out of supplies. Imagine if you break a hand and they run out of plaster casts   What are they going to do, tell you to wait while they order it?

Even if there's a 5-year expiry, after 5 years they will still have to dump it

Yes well.. my point originally was, someone said it was a lot more expensive for the government to have full hospitals as opposed to empty ones so I said, no it doesn't. In terms of value, it's always better to have full hospitals

Also the government hospitals are not free, they are just really cheap. So I fail to see how it would cost the government significantly more to have full hospitals than empty ones

I am surprised for this kind of reasoning from people who seem to be regular in finance, business and investment forum.  

Knowledgeable posters != posters who agree with you

This is the ultimate aim of everybody

There are 2 or 3 people who achieved financial freedom in the 40s or early 50s here. Can't remember their nicks, but they are in the retirement planning thread.

I have a number of my friends who retired in the 50s. And I know some who can afford to retire, but choose to continue to work. I am one of these people.

The elderly in my family mostly live beyond 70s close to 80. Some >80 years old and still healthy. Assuming the "design" of my body is similar, I still have at least 20 years, or maybe 25 years to enjoy my life if I take care of my body well

Many young people now live the YOLO life style. If they do their financial and retirement planning early instead, they could realistically achieve financial freedom in the 50s. After that, still have maybe 20-25 years to enjoy life. Plenty of time

I will also leave it at that, because one either plan early, or one doesn't. And that determines one's retirement with financial freedom a reality, or a far fetched dream.

1. Free Advice is much expensive
2. Earning requires you to research and study hard so that your own asset could work hard for you.

Pick any tool that suite you and start doing something.