How much is enough for retirement in Singapore?

[lee_yl]

MyPillow\" post_id=\"1937136\" time=\"1569395422\" user_id=\"70594:

厉害 ， think u are the first to Claim the word \"Retirement\" - some more sahm leh :salute:
pass exam with A liao ( paid up a FH )
property is timing n luck
leeyl, ur old enbloc unit was FH or LH ?

My first property was bought with the intention of having something that I could rely on when I grew old. That year I was 28yo. I realized I need to plan something for myself as I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

So with my savings of $43K, I went for this old FH apartment which went enbloc 4 years later. That’s how I earned my first pot of gold which I safe-kept in various FDs over the years. I didn’t dare to reinvest for many years as I was so scared my pot of gold would be gone if I were to make a wrong judgment.

[MrsKiasu]

lee_yl\" post_id=\"1937167\" time=\"1569403711\" user_id=\"17023:

MyPillow\" post_id=\"1937136\" time=\"1569395422\" user_id=\"70594:

厉害 ， think u are the first to Claim the word \"Retirement\" - some more sahm leh :salute:
pass exam with A liao ( paid up a FH )
property is timing n luck
leeyl, ur old enbloc unit was FH or LH ?

My first property was bought with the intention of having something that I could rely on when I grew old. That year I was 28yo. I realized I need to plan something for myself as I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

So with my savings of $43K, I went for this old FH apartment which went enbloc 4 years later. That’s how I earned my first pot of gold which I safe-kept in various FDs over the years. I didn’t dare to reinvest for many years as I was so scared my pot of gold would be gone if I were to make a wrong judgment.

very lucky woman and good in planning!

[Cloud Cloud]

lee_yl\" post_id=\"1937167\" time=\"1569403711\" user_id=\"17023:

MyPillow\" post_id=\"1937136\" time=\"1569395422\" user_id=\"70594:

厉害 ， think u are the first to Claim the word \"Retirement\" - some more sahm leh :salute:
pass exam with A liao ( paid up a FH )
property is timing n luck
leeyl, ur old enbloc unit was FH or LH ?

My first property was bought with the intention of having something that I could rely on when I grew old. That year I was 28yo. I realized I need to plan something for myself as I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

So with my savings of $43K, I went for this old FH apartment which went enbloc 4 years later. That’s how I earned my first pot of gold which I safe-kept in various FDs over the years. I didn’t dare to reinvest for many years as I was so scared my pot of gold would be gone if I were to make a wrong judgment.

You must be very financially disciplined to be able to save $43k at 28 years old. After paying for my Uni loan, downpayment for hdb, wedding costs and reno cost, don’t think I have much savings.

[tyeogh]

Cloud Cloud\" post_id=\"1937172\" time=\"1569405116\" user_id=\"160688:[quote=\"Cloud Cloud\" post_id=1937172 time=1569405116 user_id=160688]
You must be very financially disciplined to be able to save $43k at 28 years old. After paying for my Uni loan, downpayment for hdb, wedding costs and reno cost, don’t think I have much savings.[/quote]

Same same lor. At 28, i living paycheck to paycheck. Maybe more like living on next month's paycheck

[tyeogh]

lee_yl\" post_id=\"1937167\" time=\"1569403711\" user_id=\"17023:

I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

Very wise. Never pin all your hopes on a man. As a man, sad to admit, half my kind are A**holes when it comes to treating their wives :spank:

[MrsKiasu]

we saved some money after 1.5yrs out to work.. but combined savings la last time things not so ex.

[MrsKiasu]

tyeogh\" post_id=\"1937174\" time=\"1569406028\" user_id=\"94399:

lee_yl\" post_id=\"1937167\" time=\"1569403711\" user_id=\"17023:

I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

Very wise. Never pin all your hopes on a man. As a man, sad to admit, half my kind are A**holes when it comes to treating their wives :spank:

you serious??

[MrsKiasu]

Cloud Cloud\" post_id=\"1937172\" time=\"1569405116\" user_id=\"160688:[quote=\"Cloud Cloud\" post_id=1937172 time=1569405116 user_id=160688]

lee_yl\" post_id=\"1937167\" time=\"1569403711\" user_id=\"17023:

厉害 ， think u are the first to Claim the word \"Retirement\" - some more sahm leh :salute:
pass exam with A liao ( paid up a FH )
property is timing n luck
leeyl, ur old enbloc unit was FH or LH ?

My first property was bought with the intention of having something that I could rely on when I grew old. That year I was 28yo. I realized I need to plan something for myself as I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

So with my savings of $43K, I went for this old FH apartment which went enbloc 4 years later. That’s how I earned my first pot of gold which I safe-kept in various FDs over the years. I didn’t dare to reinvest for many years as I was so scared my pot of gold would be gone if I were to make a wrong judgment.

You must be very financially disciplined to be able to save $43k at 28 years old. After paying for my Uni loan, downpayment for hdb, wedding costs and reno cost, don’t think I have much savings.[/quote]at 28yo, AFTER you paid off those things..not bad already la.

[Estéema]

No lah. Pls don’t run down men or generalize leh. Some are very responsible & dutiful both to parents and to kids. DH ensure our family members & extended family each gets health insurance cover. In the early days, my mum didn’t hv this so my Medisave was quite depleted till I was posted on a senior position years later when she left. DH feels by having ms manage homefront, kids get good home care & he didn’t need to worry abt his parents as I ensure all his siblings are updated on their parents’ needs.

[tyeogh]

MrsKiasu\" post_id=\"1937176\" time=\"1569406356\" user_id=\"43981:

tyeogh\" post_id=\"1937174\" time=\"1569406028\" user_id=\"94399:

[quote=lee_yl post_id=1937167 time=1569403711 user_id=17023]I suddenly realized that being a SAHM with 2 toddlers with no career / no cpf and have to rely solely on a man, is pretty scary.

Very wise. Never pin all your hopes on a man. As a man, sad to admit, half my kind are A**holes when it comes to treating their wives :spank:

you serious??[/quote]Dunno abt you. In every circle of my friends, almost half are divorced. How you expect a SAHM to suddenly return to work and care for kids? If not divorced, the men secretly eat out. Having been in \"that\" famous sex forum for a while, my estimation is not far off. All look like decent looking educated chaps. Truth is, the more decent looking, the more hum sup. Smh lah.