AMA mid 40s uncle

[Dopod007]

The tsunami is coming for sure.
There will be casualties.
No one will be spared.
The CDC vouchers will not be enough for sure.

Life sucks if need to depend on CDC vouchers, need to find ways yo make more money...

 

[1982-1994]

yes, housing loan long ago settled, since I only have a HDB…

Enjoy tapping from your OA
I'd have 12 years of housing loan left when I reached your stage

 

[sparespares]

Enjoy tapping from your OA
I'd have 12 years of housing loan left when I reached your stage

wow! Did you buy BTO or open market?

 

[1982-1994]

wow! Did you buy BTO or open market?

BTO
My portion $210k

 

[Lasogette]

this year already gonna take CPF! Any golden advice?

Wah congrats bro. enjoy. What scheme u chose ?

 

[Medicated Oil]

Life sucks if need to depend on CDC vouchers, need to find ways yo make more money...

It is not enough.
But, good since it helped a bit.
In the end, who is actually the contributing to the vouchers ?
It is just additional work to use our own money for some additional waste in job creation and credit gaining exercise.

 

[sparespares]

Wah congrats bro. enjoy. What scheme u chose ?

it’s only happening in late September.

still trying to decide if FRS or ERS?

 

[Heriophant]

Who did you vote for?

Cheers!

 

[sparespares]

It is not enough.
But, good since it helped a bit.
In the end, who is actually the contributing to the vouchers ?
It is just additional work to use our own money for some additional waste in job creation and credit gaining exercise.

I don’t quite agree.

the original version of CDC voucher, in my opinion, was a good way to channel some help to the lower and middle-lower income groups.

 

[sparespares]

Who did you vote for?

Cheers!

part of West Coast Jurong West and voted for PAP…

TCB helped me make up my mind when he said that G was fear mongering about the tariffs wars…

 

[Medicated Oil]

I don’t quite agree.

the original version of CDC voucher, in my opinion, was a good way to channel some help to the lower and middle-lower income groups.

The lower income group is already getting a lot of help all along.
The purpose of the voucher is pretty obvious.
Dun need me to state it.

If we need the help of the vouchers, then the nation is not really planning its policies properly to help their residents to progress.
Something is wrong with its policies that led to this outcome.

(Pardon me for saying this. I guess you should be in a more financial well off position to host the above opinion so I can understand where you are coming from. I am not as fortunate as you.)

 

[Lasogette]

it’s only happening in late September.

still trying to decide if FRS or ERS?

I got lots of ex colleagues same age range as u. Recently went into a discussion I was listening to, a lot of them got like 700k inside their cpf. Is this like normal?

 

[sparespares]

The lower income group is already getting a lot of help all along.
The purpose of the voucher is pretty obvious.
Dun need me to state it.

If we need the help of the vouchers, then the nation is not really planing its policies properly to help their residents to progress.
Something is wrong with its policies that led to this outcome.

forgot to mention that I disagree with latest version of the CDC vouchers when it was also given to private estate owners.

think this is just one of the tools to combat income inequality.

 

[Dopod007]

It is not enough.
But, good since it helped a bit.
In the end, who is actually the contributing to the vouchers ?
It is just additional work to use our own money for some additional waste in job creation and credit gaining exercise.

GST increase is to help the poor. That's what LW told us. Quite true, CDC vouchers come from GST. So can expect more increase in GST to 11-12% soon to give us more CDC vouchers, song bo?

 

[sparespares]

I got lots of ex colleagues same age range as u. Recently went into a discussion I was listening to, a lot of them got like 700k inside their cpf. Is this like normal?

I should think so.

even my sister who is definitely low income, also have ~$500k, although, she does not own any property

 

[Lasogette]

I should think so.

even my sister who is definitely low income, also have ~$500k, although, she does not own any property

Wah. No wonder need cpf life. If not the pple all chiong whack the stuff in sg all inflation. Thanks for sharing. Good for me to use for my own planning.

 

[sparespares]

GST increase is to help the poor. That's what LW told us. Quite true, CDC vouchers come from GST. So can expect more increase in GST to 11-12% soon to give us more CDC vouchers, song bo?

this country is facing an Aging population crisis.

the bulk of GST increases is to fund future MoH expenses, I think.

by giving cdc vouchers back to lower income, it’s to mitigate the impact on them.

I have no idea on how else to fund the increase expenditures for an Aging population crisis….

 

[Yowe55 mini]

Dear all,

Where do you intend to live your retirement?

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

 

[Medicated Oil]

GST increase is to help the poor. That's what LW told us. Quite true, CDC vouchers come from GST. So can expect more increase in GST to 11-12% soon to give us more CDC vouchers, song bo?

Ha, Ha, Ha.
The other increases also helped them to build other wonderful stuff and pay for their salary increase soon.

 

[sparespares]

Dear all,

Where do you intend to live your retirement?

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

in Sg, where my family and friends are