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    How much is enough for retirement in Singapore?

    Scheduled Pinned Locked Moved Money Matters
    1.8k Posts 133 Posters 376.4k Views 2 Watching
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    • starlight1968sgS Offline
      starlight1968sg
      last edited by

      2 key tips to saving for retirement

      https://www.areyouready.sg/YourInfoHub/Pages/News-2-key-tips-to-saving-for-retirement.aspx?

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      • E Offline
        ElvChen
        last edited by

        I don’t think there is an end to how much we need to have for retirement. If we intend to retire in Singapore, you probably need to have passive incomes. It’s quite scary how money can be inflated over a period of 10 years. 10 years ago, cars only cost $65000. Now it’s double the amount, and even with double the amount, you can only get a miserable 1.5 L car. Sad.

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        • starlight1968sgS Offline
          starlight1968sg
          last edited by

          Just look at the prices of chicken rice, noodles etc have hiked over the years

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          • starlight1968sgS Offline
            starlight1968sg
            last edited by

            Not all can generate passive income; at least need to save a lump sum to draw down when retired. Once that sum finishes, it is time to leave

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            • N Offline
              ngl2010
              last edited by

              The problem is that we don’t know when we will pass away. I plan to stop any food restriction when I am 70 years old. I want to eat whatever I want. At the same time hopefully those food will shorten my life. But what if I just get illnesses but can’t die? Or, even worse, paralysed but can’t die?

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              • A Offline
                ammonite
                last edited by

                ngl2010:
                I plan to stop any food restriction when I am 70 years old.

                I don't know about you, but already I find myself unable to eat food that are too rich or sweet. I think by 70, we would definitely only want easily digestible food??

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                • N Offline
                  ngl2010
                  last edited by

                  ammonite:
                  ngl2010:

                  I plan to stop any food restriction when I am 70 years old.


                  I don't know about you, but already I find myself unable to eat food that are too rich or sweet. I think by 70, we would definitely only want easily digestible food??

                  I can still eat too rich or sweet things :oops: Lately I find chicken has chicken smell :roll: so I don't eat certain chicken dishes. I am looking forward to the days I can eat chicken curry without feeling guilty 😆

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                  • MrsKiasuM Offline
                    MrsKiasu
                    last edited by

                    I told myself that I will cook on my own for as long as possible.

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                    • floppyF Offline
                      floppy
                      last edited by

                      MrsKiasu:
                      I told myself that I will cook on my own for as long as possible.

                      I'm planning to ensure that I have enough food for retirement, https://www.kiasuparents.com/kiasu/forum/viewtopic.php?f=28&t=19097&start=260#p1826535 to provide me with enough food / vegetable :evil:

                      Herbs today, veg tomorrow.
                      If only they allow me to rear chickens 😆

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                      • A Offline
                        ammonite
                        last edited by

                        ngl2010:
                        ammonite:

                        [quote=\"ngl2010\"] I plan to stop any food restriction when I am 70 years old.


                        I don't know about you, but already I find myself unable to eat food that are too rich or sweet. I think by 70, we would definitely only want easily digestible food??

                        I can still eat too rich or sweet things :oops: Lately I find chicken has chicken smell :roll: so I don't eat certain chicken dishes. I am looking forward to the days I can eat chicken curry without feeling guilty 😆[/quote]能吃是福,能吃是福. 😄 I am always happy to eat when I have the appetite, no need to wait until 70. :celebrate:

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