[OFFICIAL] Lawrence Wong 黄循财 Fan Club

[ramlee]

CPF - Safety net.…..Just don’t fully depend on CPF monthly pay out for retirement - problem solved.

Then I depend on wat?

 

[ramlee]

nb. all the top management dun retire, then how the lower ranks promote up?
rich get richer. knn

Set up own business wor

 

[Jeremy1]

Everybody loves fresh meat

When you're old, whatever skills you've are useless.

That's why you can see so many lao uncles n aunties working in MacDonald, GrabFood Delivery n Drivers n etc.

 

[serangoon1]

Talk is free but which company will re employed you when you're that age

Heard companies are already retrenching older workers for the younger ones for repreplacement

Younger is cheaper better faster

 

[ramlee]

Well. I can confirmed that. My present company boomer HOD had to give up cos of health reasons. Before that, he was nasty and make life difficult for those with potential. Ensuring nobody can take over his position.

Ish you one of them?

 

[wulu1_69]

When you're old, whatever skills you've are useless.

That's why you can see so many lao uncles n aunties working in MacDonald, GrabFood Delivery n Drivers n etc.

Plus cleaners and security guards

Then I depend on wat?

Depend on ownself as garmen always preach

CPF goalpost when shift again?

Don't worry just a matter of time nia

 

[ramlee]

When you're old, whatever skills you've are useless.

That's why you can see so many lao uncles n aunties working in MacDonald, GrabFood Delivery n Drivers n etc.

But pap ministers also old

 

[JonWeak]

This must be the swiss standard of living we were promised

 

[ramlee]

Younger is cheaper better faster

But nowsaday fresh grad pay tiagong ish $6-7k

 

[cet87]

Ish you one of them?

I not under him. I prefer to stay low and do little.

 

[cet87]

This must be the swiss standard of living we were promised

Most late 60s already riding PMD. How to still go work?

 

[Jeremy1]

But pap ministers also old

Their job is golden rice bowl, they will be forever minister unless they retired themselves or committed offences.

They're already multi millionaires liao after working for 1 term.

Outside where to find such job ???

 

[DexRunner]

Really 活到老 做到老

 

[wulu1_69]

Younger is cheaper better faster

Except jobs under pwm model

 

[testart]

What’s the age limit for bus drivers?

 

[niefeng80]

Every few years will up 1-2 years. Eventually you have to work until you or to 80 years old.

Since life expectancy is like 82 years old to 84 years old, you will still got 2-4 years to have retirement.

 

[Visor9999]

But nowsaday fresh grad pay tiagong ish $6-7k

Can they continue to earn that much is another story, next time when they unemployed will need to suffer

 

[jumpthepig]

Then I depend on wat?

Make sure total retirement funds are more than CPF FRS….
The rest of the money can be placed at Bonds, Equities, ETFs, Unit Trusts, Insurance plans…

 

[KakiMeow]

For those who are bored at home. Not compulsory one.

 

[articland05]

For those who are bored at home. Not compulsory one.

chiu ish wrong bro...
raising retirement age is just the prelude...
next step is to raise the cpf withdrawal age to go in tandem.

that's the real deal