How much is enough for retirement in Singapore?

[MrsKiasu]

I m outside now so cant check my excel sheet. If not wrong think got around 4% but capped at 100k/pax for ocbc360.

[sharonkhoo]

MyPillow\" post_id=\"2135287\" time=\"1718851809\" user_id=\"70594:

have u consider counselling job before?

No! Don't have the patience, and don't like face-to-face that much. A friend of mine did a counselling MA a few years ago - quite a lot of ladies do that in their 40s-50s.

[MyPillow]

Imp75\" post_id=\"2135293\" time=\"1718858113\" user_id=\"2358:

AT1 is a high risk bon somemore its perpetual which means there is no guarantee principal will be paid at which juncture since there is no maturity. Also with AT1, mandatory capital triggers may kick in upon certain events which may place bond holders in an Unfavourable situation, Read the TnC carefully.

those from local banks shold be ok bah? ocbc, dbs, uob , i think Stan chart sg also have

[Imp75]

MyPillow\" post_id=\"2135303\" time=\"1718862535\" user_id=\"70594:

those from local banks shold be ok bah? ocbc, dbs, uob , i think Stan chart sg also have

See who is the issuer of the bonds not who are the distributors of the products. There is a reason why it is called AT1. It’s definitely more risky than your plain vanilla bonds. And in this kind of interest rate environment bond prices are volatile as well.

[MyPillow]

MrsKiasu\" post_id=\"2135301\" time=\"1718861384\" user_id=\"43981:

I m outside now so cant check my excel sheet. If not wrong think got around 4% but capped at 100k/pax for ocbc360.

ocbc360 i find it troublesome lei? u ditch uob already, so is it need to inform HR to change salary crediting bank again..

recently , we found out Trust Bank is easy to earn interest up to 3.5% , but it is effortless. just spend , credit salary and save. 3.5% up to $500K deposit

[MyPillow]

Imp75\" post_id=\"2135304\" time=\"1718862701\" user_id=\"2358:

See who is the issuer of the bonds not who are the distributors of the products. There is a reason why it is called AT1. It’s definitely more risky than your plain vanilla bonds. And in this kind of interest rate environment bond prices are volatile as well.

thanks for the reminder & info on AT1
yah, i was referring more to issuers of AT1 from our local banks, i think is safer but of course is higher risk since no mature dates compared to other local no frill products

[lee_yl]

T-bills results 3.74%

[Imp75]

MyPillow\" post_id=\"2135309\" time=\"1718866584\" user_id=\"70594:

thanks for the reminder & info on AT1
yah, i was referring more to issuers of AT1 from our local banks, i think is safer but of course is higher risk since no mature dates compared to other local no frill products

Liquidity also. Local bonds not much liquidity even if you want to exit.

[lee_yl]

Yes and no. If the coupon rate is like 1%pa, guess nobody wants to buy over?


We liquidated our UOB bond (coupon rate 4.25%pa) through the bank RM and we managed to dispose them within a day!

[starlight1968sg]

I had lunch at Queenstown Hawker Centre.

A plate of wonton mee costs $4 (ground flr) and a plate of rojak (2nd flr) starts from $4.
The prices are quite reasonable.

I think a budget of $10 per meal is ok at present.