How you guys prepare for retirement?

[Jeremy1]

I am already retired liao.

Doing some trading in stocks, crypto n unit trust to build some passive income.

 

[popdod]

Paid 5-10 year visa then renew with $$$ again

thats temp. PR.
as long you have money.

plus you need to think for their medical insurance.

Decent studio apt about $700 - $1000 slightly Away from city Center.

city Center will be $1400 - $2200.

im preparing to live in south east Asia in next 5-8 years.

 

[ramlee]

I intend to work till die ..

I've managed to secure a security officer license

you can tahan if you get scolded by the likes of Ramesh?

 

[Jeremy1]

I am a single parent.
Tough now.

Bro, your kid should have already grown up so I don't think they should be any problem for you to retire now ?

Doubt you should have any commitment ?

 

[106gunner]

thats temp. PR.
as long you have money.

plus you need to think for their medical insurance.

Decent studio apt about $700 - $1000 slightly Away from city Center.

city Center will be $1400 - $2200.

im preparing to live in south east Asia in next 5-8 years.

Dunno what medical insurance Chiu talking about

But I know their medical there is cheap, some of their local either pay peanuts or totally free when they went to their so call polyclinic aka Gahmen hospital

 

[Jeremy1]

Use skillsfuture to learn how to collect cardboards, serve coffee, etc.

There is still a toilet cleaning course fyi

 

[nujiln]

Retirement income - dividends, private annuity, CPF Life

Housing - maybe downgrade to those community care HDB apartments that offer basic services too

Medical - downgrade from private plan to reduce cost if need be

 

[Lchlch]

Bro, your kid should have already grown up so I don't think they should be any problem for you to retire now ?

Doubt you should have any commitment ?

Not really bro.
Still schooling. They intend to continue studying. And I hv to pay for all the expenses.

 

[gregory_choo]

learn how to collect cardboard, old news paper...etc.

these are inflation-proof

 

[popdod]

Dunno what medical insurance Chiu talking about

But I know their medical there is cheap, some of their local either pay peanuts or totally free when they went to their so call polyclinic aka Gahmen hospital

sugggest you do more research.

 

[Sanguoshitaisen]

As above.
Your experience in preparing for your retirement.
Not for say , real action.

Just keep on working loh

 

[iceblendedchoc]

As above.
Your experience in preparing for your retirement.
Not for say , real action.

My father told us we are retired as soon as we are in our mum’s womb thanks to his hard work and making right investment decisions

 

[Lchlch]

2 words:

double income

As in both of you n spouse?

 

[Jeremy1]

Not really bro.
Still schooling. They intend to continue studying. And I hv to pay for all the expenses.

Oic cause you're almost the same age as me and I thought kids should already be working liao as all my friends who are same age as me their kids already in the late 20s or early thirties liao.

 

[ramlee]

Shall find a yang and ambitious atb preferably with an equally ambitious yanger brother to take good care of me.

wait they ish ambitious enough to poison you

 

[Lchlch]

Just keep on working loh

But at one point in our life especially hit 50s n above..we need to seriously consider how to retore if possible..
We nvr knows what future lies.
Life can be very cruel to us.
One min can drastically change our life, havoc.

 

[ramlee]

3 letters.

C …. P…….F

Field so rich reading the statement

 

[Lchlch]

Oic cause you're almost the same age as me and I thought kids should already be working liao as all my friends who are same age as me their kids already in the late 20s or early thirties liao.

Yes bro, same age group.

 

[Sanguoshitaisen]

But at one point in our life especially hit 50s n above..we need to seriously consider how to retore if possible..
We nvr knows what future lies.
Life can be very cruel to us.
One min can drastically change our life, havoc.

Retore ? By 55 , I expected to have 650k can retire liao loh think so much for wat

 

[Lchlch]

Retore ? By 55 , I expected to have 650k can retire liao loh think so much for wat

$650k cash?