How much is enough for retirement in Singapore?
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ChiefKiasu\" post_id=\"2135400\" time=\"1719022305\" user_id=\"3:
If Fairprice wants my CDC vouchers, they will need to find a way that I can use them online. If not, SS will get mine as I go there in person!
The new CDC vouchers are coming at the end of the month. I wonder what \"promotion\" NTUC is going to give this time to make us use up the vouchers
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No news on the date of availability of cdc Jun 2024 vouchers yet
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i think it is not a bad idea to move to Indonesia somewhere for my retirement and feel myself like a king
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@markdis Do you converse in Malay/Indonesian? That’s definitely something that I feel is critical in your decision.
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Language can be a real game-changer when it comes to choosing your retirement haven. I was just browsing this index called the EF English Proficiency Index the other day. It ranks countries based on their English skills! Here’s a link if you’re curious: https://en.wikipedia.org/wiki/EF_English_Proficiency_Index
Singapore’s absolutely smashing it at number 2, but Indonesia’s a bit further down the list at 79. The Philippines (#20) and Malaysia (#25) might also be worth a peek if you’re set on Southeast Asia and decent English is a priority.
Definitely wise visiting a place before you commit to retiring there. You get a feel for the vibe, the pace of life, and whether it truly feels like home. I always use this guide when planning trips: https://gowithguide.com/blog/how-to-plan-a-trip-5-essential-steps-5730. It breaks down everything from budgeting to finding the best local experiences.
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I find Singapore so expensive, particularly if you have to raise a child in this country - the cost of food, clothing and education specifically is making early retirement much harder for us parents.
Example education and tuition related fees, most centres are charging anywhere from $60-$100+ an hour for secondary or JC classes. For parents who share similar experiences as me, I’ve recently chanced upon a centre that is offering extremely affordable tuition at only $15 per hour, might be worth checking out.
If any of you enrols your child inside, let me know how it goes!
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