How much is enough for retirement in Singapore?

[dwwong]

It’s about setting expectations in life.

[LeeDarren]

dwwong\" post_id=\"2071064\" time=\"1655785600\" user_id=\"198470:

It's about setting expectations in life.

Agreed :imanangel: :imanangel: :imanangel:

Just something to take note.
Once you retired, you cannot get new loan, cannot get new credit, cannot do much.
I retired in my 40sss… Do everything (apply) before you retired and lost all your credit.
Then just manage and enjoy retirement….

:imanangel: :imanangel: :imanangel:

[LeeDarren]

dwwong\" post_id=\"2071064\" time=\"1655785600\" user_id=\"198470:

It's about setting expectations in life.

Agreed :imanangel: :imanangel: :imanangel:

Just something to take note.
Once you retired, you cannot get new loan, cannot get new credit, cannot do much.
I retired in my 40sss… Do everything (apply) before you retired and lost all your credit.
Then just manage and enjoy retirement….

:imanangel: :imanangel: :imanangel:

Estimate 2 million for a couple. Not including childrens

[starlight1968sg]

1 in 3 Singaporeans want to retire and live in JB: Study


https://www.msn.com/en-sg/news/singapore/1-in-3-singaporeans-want-to-retire-and-live-in-jb-study/ar-BB1ipwmi

what about you?

[sharonkhoo]

starlight1968sg\" post_id=\"2129259\" time=\"1708144147\" user_id=\"14025:

1 in 3 Singaporeans want to retire and live in JB: Study

https://www.msn.com/en-sg/news/singapore/1-in-3-singaporeans-want-to-retire-and-live-in-jb-study/ar-BB1ipwmi

what about you?

I don't know JB well enough to want to retire there, even if it's cheaper. My activities, church, parents, kids, friends etc are here in Singapore. So far, I can live within my means comfortably in Singapore, and I have no inclination to move in order to upgrade my lifestyle.

One sis-in-law and her husband bought a place in JB for retirement. They hardly spent any time there, then her married daughter, working in Singapore, got pregnant. Once the baby was born, the grandparents had to move back to Singapore to help with the baby, then the next 2 babies. Then there was Covid. I don't know if they've sold the house, but they are certainly not living there now.

[starlight1968sg]

Related to retirement:

https://www.straitstimes.com/singapore/politics/s-pore-retirement-age-to-go-up-to-64-in-2026-re-employment-age-to-rise-to-69

S’pore retirement age to go up to 64 in 2026, re-employment age to rise to 69

[zac's mum]

starlight1968sg\" post_id=\"2130294\" time=\"1709626781\" user_id=\"14025:

Related to retirement:
https://www.straitstimes.com/singapore/politics/s-pore-retirement-age-to-go-up-to-64-in-2026-re-employment-age-to-rise-to-69

S’pore retirement age to go up to 64 in 2026, re-employment age to rise to 69

Are u happy to delay your retirement? Or rather stick to current retirement age?

[starlight1968sg]

zac's mum\" post_id=\"2130296\" time=\"1709630635\" user_id=\"53606:[quote=\"zac's mum\" post_id=2130296 time=1709630635 user_id=53606]
Are u happy to delay your retirement? Or rather stick to current retirement age?[/quote]

at times i want to retire NOW :evil:
I am glad that there are options if I wish to retire later.

[ChiefKiasu]

starlight1968sg\" post_id=\"2130298\" time=\"1709630751\" user_id=\"14025:

at times i want to retire NOW :evil:
I am glad that there are options if I wish to retire later.

Retirement is an acknowledgement of the inevitable. I want to feel young forever. The husband of one of the patients in the hospital I visit twice every week is 85. And yet he is extremely fit and visits his invalid wife every day! I think he walks just as fast as me , and takes the train to Changi Airport every day to walk and \"enjoy the aircon\". He is my role model!

[MrsKiasu]

Extension of retirement age has much impact on us? No G pension. Anyone can to retire at any age. With extended retirement age, it is kind of give more advantages to the older us next time, if we want to retire later, in the corporate world, am I correct?