QUOTE(knwong @ Nov 25 2007, 03:54 PM)
Agree totally with the article link above. The house rent in singapore is increasing a lot. My group of friends just decided to rent a 3 bedroom HDB costing S$1,800 a month excluding the bills. That's just too much I think for a small and medium sized apartment
Can understnad that kind of price is killing all lot of people... the SG Gov is aware.. but what to do? not only workers, even foreign bosses are complaining, even in seminars, I get to hear such things from Ang Moh...
CPF, SG Gov say whatever.. soon become law.. My father's generation escape,.. but my generation is stuck in transition.. my children's generation.. with the change in CPF policy.. If Singaporeans as predicted really lived up 80+, I believe that's is good... BUT... I would rather the citizens do the saving themselves than being forced to so do.. I do understand the Gov Stand, but understanding does not = agree with their action.
Amidst the concern, I also agree about cases cited by them and how these people are surviving now, because my father is a typical example... who didn 't really planned and take care for his retirement, use up all his CPF after retirement within 2 yrs. He is retired for >15 yrs. He still very much dependence on me.... its really a load though and I also have my own family to take care of, but again his is my father ... Right now, I had already done what the Gov is trying to do some 10 years ago, not that I had planned but was encourage but someone and I wasn't even certain at that time I was doing the right thing.
But like I said... I would do it on my own.. not FORCED to...something I hated.. like many of my colleagues....disagree too... because we do planned for our retirement.. However, GOV too smart, based on survey, only a mere minority does it.. so they are popular in doing mass kind of thing to make sure all are in... at least, do them, they can spend lesser on welfare and spend it somewhere else.... ?whatever...
Well... whatever, .. Singaporeans agree to it? the good side is, if we really are that long life as statistics has shown.... that could be something good... Something I think most Singaporeans would agree to the finding. We are indeed seeing more old people living longer and older. But again.. the SUCKS thing is about the ANNULTY thing which most do not agree...... something I think will affects the PAP Gov if they do it.
CPF withdrawal age raised,... just like Malaysian PR don't like it, we locals don't, but there are those who agree, even including foriegners turn citizens because they came from different background and had seen something we had not.
Retirement age being raised to eventually to 65 along with CPF age changes... Personally, I do wish to work if I could... as least past time, get some pocket $$ and take life easy.. at slwoer pace. But current living style is so different from what i used to see.. None really foresee what is happening today..
Likewise, Malaysians, beware, I read too that the life span of Malaysians are also going up...and MY Gov will soon do something to it.. just matter of when... may take years to come since it had already been mentioned. I believe whoever sitting in the office will start planning or may be not..? However, MY problems is not likely to be as serious as SG... because of low birth rate and aging population.. aggrevating the situation..... Several years ago, and more aggrasively, SG Gov is doing in big ways and means to improve infrastructure all around teh island preparing for "aging gracefully"...
Whatever the withdrawal age, I believe you still can withdraw you CPF provided you do not wish to come back to SG to work... I think this is applicable to E. Malaysians... like Sabah and Sarawak... W. MY, I don't know.
This post has been edited by bbmars: Nov 25 2007, 11:45 PM 
Nov 21 2007, 03:30 PM
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