How much is enough for retirement in Singapore?
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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? -
starlight1968sg\" post_id=\"2129259\" time=\"1708144147\" user_id=\"14025:
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.
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?
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. -
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 -
starlight1968sg\" post_id=\"2130294\" time=\"1709626781\" user_id=\"14025:
Are u happy to delay your retirement? Or rather stick to current retirement age?
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\" post_id=\"2130296\" time=\"1709630635\" user_id=\"53606:[quote=\"zac's mum\" post_id=2130296 time=1709630635 user_id=53606]
at times i want to retire NOW :evil:
Are u happy to delay your retirement? Or rather stick to current retirement age?[/quote]
I am glad that there are options if I wish to retire later. -
starlight1968sg\" post_id=\"2130298\" time=\"1709630751\" user_id=\"14025:
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
at times i want to retire NOW :evil:
I am glad that there are options if I wish to retire later.
, and takes the train to Changi Airport every day to walk and \"enjoy the aircon\". He is my role model!
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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?
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ChiefKiasu\" post_id=\"2130337\" time=\"1709690603\" user_id=\"3:
Knowing someone older than us with much energy and motivation, my role model too.
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\" post_id=\"2130338\" time=\"1709691271\" user_id=\"43981:
As far as I can see, the retirement age is just a guideline. I know people who are continuing to work beyond that age because their employers need their skills and experience, and they are happy to continue. Other choose to retire before the retirement age for various reasons. I don't see that anyone can be forced to work till retirement age or beyond if they don't want to. And for those who would like to work as long as possible, pushing the re-employment age and retirement age is in their favour, as long as their skills are still relevant and useful.
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? -
ChiefKiasu\" post_id=\"2130337\" time=\"1709690603\" user_id=\"3:
Isn't that just self-delusion? After all, the inevitable is inescapable. And we are already not feeling young, otherwise we wouldn't need to talk about it!
Retirement is an acknowledgement of the inevitable. I want to feel young forever.
I think we should change our understanding of \"retirement\" - it used to mean \"stop working for money\". But I think many of us don't want such a stark end-date to working life. Certainly my husband and I have decided that we don't see \"retirement\" as a single event in our future (or at least not in the near future); rather we see a gradual reduction in working hours, and a change in the type of work we might do. And even if we stop paid work, we would want to continue working as a volunteer, or in the home. I guess there may well be a time when we hit a final \"retirement\", but hopefully that will be very close to the end of life.
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