How much is enough for retirement in Singapore?

[tyeogh]

MrsKiasu\" post_id=\"1936381\" time=\"1569051560\" user_id=\"43981:

I m one of aunties bring own water bottle and coffee in flask if needed when go out..

I am one those uncles bring own water bottle wherever I go. Heathier. Funny how life goes in cycles. My kids just outgrew bringing water bottles. Now my turn to bring water bottle. One day, my turn to wear adult diapers.... :?

[tyeogh]

lee_yl\" post_id=\"1936402\" time=\"1569056877\" user_id=\"17023:

@tyeogh, wa still got such a chat group sharing about their sexless marriages openly ah? Lol.

Yes. Mostly guys. From another reputable forum. Let's be adult about it. If one's hubby has not been physical with his wife or gets very little action, he is likely to be in that forum moaning and groaning away. Very common esp couples with kids. So, to the women-kind, just a heads up. When your hubby has no \"food\" to eat at home, don't think everything is going well and can be swept under the carpet. Jmho.

[MrsKiasu]

tyeogh\" post_id=\"1936445\" time=\"1569067663\" user_id=\"94399:

MrsKiasu\" post_id=\"1936381\" time=\"1569051560\" user_id=\"43981:

I m one of aunties bring own water bottle and coffee in flask if needed when go out..

I am one those uncles bring own water bottle wherever I go. Heathier. Funny how life goes in cycles. My kids just outgrew bringing water bottles. Now my turn to bring water bottle. One day, my turn to wear adult diapers.... :?

dh also will bring own water bottle de.. when kids were young, I remember one big bag full of water bottles when go out during weekend, can go out one whole day, go whereever can picnic no need worry on water. bad thing is night time lots of washing to do.

[Coolkidsrock2]

tyeogh\" post_id=\"1936453\" time=\"1569068646\" user_id=\"94399:

lee_yl\" post_id=\"1936402\" time=\"1569056877\" user_id=\"17023:

@tyeogh, wa still got such a chat group sharing about their sexless marriages openly ah? Lol.

Yes. Mostly guys. From another reputable forum. Let's be adult about it. If one's hubby has not been physical with his wife or gets very little action, he is likely to be in that forum moaning and groaning away. Very common esp couples with kids. So, to the women-kind, just a heads up. When your hubby has no \"food\" to eat at home, don't think everything is going well and can be swept under the carpet. Jmho.

I never probe but suspect that 各自精彩 is not uncommon.

[lee_yl]

lee_yl\" post_id=\"1935960\" time=\"1568868246\" user_id=\"1702:

I can save 50% of my salary, no problem but that’s before kids come along.

Actually I just realized that I do save at least 50% of the household expenses! Especially starting from this year. Used to have one big chunk of the household expenses going towards tuition but now after the kids are done w PSLE, our tuition expenses drop drastically.

Of course, those days when I could consistently save more than 50% was before the kids came along.

[MyPillow]

lee_yl\" post_id=\"1936765\" time=\"1569287148\" user_id=\"17023:

lee_yl\" post_id=\"1935960\" time=\"1568868246\" user_id=\"1702:

I can save 50% of my salary, no problem but that’s before kids come along.

Actually I just realized that I do save at least 50% of the household expenses! Especially starting from this year. Used to have one big chunk of the household expenses going towards tuition but now after the kids are done w PSLE, our tuition expenses drop drastically.

Of course, those days when I could consistently save more than 50% was before the kids came along.

wow can be bak bak le

[Imp75]

I could hardly save when I was younger and single. Being quite a rebel, I drank and partied every weekend…where got money to save lol…

[doodbug]

I am impressed at how prudent KSP mommies are here, and how much thought goes into financial planning. Generally we live within our means (no credit card debts, no car loans, only housing loans), but we don’t set any specific/deliberate savings targets (hence that’s probably why we haven’t saved up much), just a general contingent fund. In terms of retirement, all we have planned is to buy the max CPFLife, and haven’t thought much beyond that. I guess we better start somewhere…ok I guess one option is to downgrade property if need to free up cash.

[MyPillow]

For those with no loans commitment - Continue to work to save the up earned income +cpf since no loans to service- savings rate should be able to climb faster too ?

own Car is a big $ digger - but then its for convenient n lifestyle thing - individual liking
once we hit semi retirement age of above 56+ - i hope to say bye bye to car / branded cars -
this age should stay active n take public transport. No kids fetching to enrichment classes , no car to drive kids to check in camp , no need car to send n fetch kid fr uni hostel etc - hopefully la

[MrsKiasu]

I believe we save more than 50% when we were young. We dont deliberately control our spending just that we spend more sensibly..most on us and families. But now definitely less than 50%, expenses are much higher now..better go out to work find money liao