How to retire in Sinkieland

[Furore]

Everything increasing

Many need to work until uplorry

 

[fandango]

1. Buy cheap flat

2. Pay off flat

3. Keep farming at work

4. Rent out rooms

 

[Ideasmiths]

Invent a new way to go changi sit for a long time......

Tried
Jump onto MRT track.
Jump into zoo enclosure
Scam a lot of people
Break covid rules
Rob a bank
Rob a goldsmith shop with chopper (aka Bedok case)
Go Terminator (3x people tried, end up IMH which is better)
....
You need to be creative

 

[LoaGong12]

Everything increasing

Many need to work until uplorry

Why do u want to retire here?

 

[LimAhTeck]

sgrean so rich, scared simi. all working because of passion only.

 

[ocs_woodlands]

its a marathon that started in Primary School.... did you run well??

 

[hachi]

Most have no issue taking additional 300-500k loan using money they don't have to have get hdb with better locations ..

Those additional money if put inside cpf... No issue for 2 to retire with a fully paid hdb...

 

[hwarzoner]

work and save up then invest then retirement this is the fastest and easier way if we are not doing any business. of course there is risk. also best is to stay single and work on retirement.

i worked for almost 20 years as a low income earner, currently accumulated about 1.6 million in cash and cpf, but no own house. no car, no wife. depend on what u want in life.

 

[Travis_Touchdown]

in before gif of the old unker saying he wanna uplorry earlier...

 

[Casio2010]

Rent out houses to foreigners can one as passive income.

Invest in US stocks.

 

[Furore]

work and save up then invest then retirement this is the fastest and easier way if we are not doing any business. of course there is risk. also best is to stay single and work on retirement.

i worked for almost 20 years as a low income earner, currently accumulated about 1.6 million in cash and cpf, but no own house. no car, no wife. depend on what u want in life.

Chiu live in parent house?

 

[starsong]

Be born in lucky sperm club

 

[shortbirdlonghair]

Keep stacking bitcoin

 

[locksleychang]

1. Buy cheap flat

2. Pay off flat

3. Keep farming at work

4. Rent out rooms

5. Buy income generating assets.

And #1 is very important. Unless you're really rich to begin with. If you're a normal salaryman, "upgrading" to a condo pretty much guarantees you need to work for an additional 20-30 years before you can retire.

 

[hwarzoner]

Chiu live in parent house?

relative loh

 

[archon75@]

Tiagong, need 1million to retire humbly... Start to eat Roti for 3 meal now

 

[エステ好きな野郎]

1) join papaya

2) become Ministar

3) become Mayro

4) JLB

5) Profit

6) retire

 

[archon75@]

5. Buy income generating assets.

And #1 is very important. Unless you're really rich to begin with. If you're a normal salaryman, "upgrading" to a condo pretty much guarantees you need to work for an additional 20-30 years before you can retire.

Add one more.... Convert the cheap flat into as many room as possible for room rental business

 

[hwarzoner]

assuming if we retire for 2K per month for 30 years we need 720K.. this is quite scary..

 

[Furore]

assuming if we retire for 2K per month for 30 years we need 720K.. this is quite scary..

No wonder TFR very low