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    How much is enough for retirement in Singapore?

    Scheduled Pinned Locked Moved Money Matters
    1.8k Posts 133 Posters 376.6k Views 2 Watching
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    • P Offline
      pirated
      last edited by

      zbear:
      pirated:



      Won't be easy to get used to it

      Why not?

      From big ppty to small ppty - every direction you turn you seem to knock into walls or something .... hahaha

      1 Reply Last reply Reply Quote 0
      • MrsKiasuM Offline
        MrsKiasu
        last edited by

        Maybe a good idea to go for the zen type of furniture and renovation when we get older 😂

        1 Reply Last reply Reply Quote 0
        • H Offline
          hophlng
          last edited by

          I disagree about property being a good retirement investment.


          Those who purchased private property in 2007 is crying now. They have not even break even.

          1 Reply Last reply Reply Quote 0
          • Y Offline
            yolomomo
            last edited by

            I feel property can be an investment, but it shouldn’t be your first and only hope (banking all your savings on one property hoping it’ll return). As with most investments, there is a risk involved… By now we know owning property as a sure way to riches may not be true for everyone… It’s just that we always think landlord very shiok keep collecting money 😕

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            • S Offline
              shawnlim88
              last edited by

              hophlng:
              I disagree about property being a good retirement investment.


              Those who purchased private property in 2007 is crying now. They have not even break even.
              hi hophlng

              i agree with you that those who bought private property in 2007/2008 may not have break even now.

              But if you have holding power, prices of private property in SG will definitely go up in the long run.
              if you plot the URA price index from 1970 ~ 2015, it is in a uptrend slope.

              once again, it has a pre-condition: you must have holding power for properties.
              :grphug:

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              • T Offline
                TheAnswer
                last edited by

                Invest in anything also need holding power…

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                • S Offline
                  superduper
                  last edited by

                  Would any average parents sell their flat and use up all their limited financial resources in order to fund their child for an overseas university education in medicine?

                  1 Reply Last reply Reply Quote 0
                  • P Offline
                    pirated
                    last edited by

                    superduper:
                    Would any average parents sell their flat and use up all their limited financial resources in order to fund their child for an overseas university education in medicine?

                    Have

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                    • S Offline
                      superduper
                      last edited by

                      pirated:
                      superduper:

                      Would any average parents sell their flat and use up all their limited financial resources in order to fund their child for an overseas university education in medicine?


                      Have

                      But wouldn't this be like \"Show Hand\", a great gamble ? when it's going to be a hand-to-mouth issue?

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                      • zbearZ Offline
                        zbear
                        last edited by

                        superduper:
                        Would any average parents sell their flat and use up all their limited financial resources in order to fund their child for an overseas university education in medicine?

                        Then where are the parents going to live n eat?

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