CPF minimum sum to be revised upwards to S$131,000
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wapobs:
Is really not worth it. The old men also cannot \"function\" properly already. How to enjoy? and got cheated the money some more.
where else to spend the money? :evil: :evil: :evil: :rotflmao:pinky:
...
also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll: -
WeiHan:
Is really not worth it. The old men also cannot \"function\" properly already. How to enjoy? and got cheated the money some more.[/quote]relax my friend, relak! :rotflmao: :rotflmao: :rotflmao:
where else to spend the money? :evil: :evil: :evil: :rotflmao:wapobs:
[quote=\"pinky\"]...
also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll: -
I believe CPF shld communicate better on people’s concerns… e.g. what happens to those who don’t have minimum sum when they retire?
The main media just report the good news… and everyone just turn to the new media for the not-so-good news… and the resentments just keep growing… -
wapobs:
it's NEVER worth spending on these women lah
where else to spend the money? :evil: :evil: :evil: :rotflmao:pinky:
...
also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll: -
Those who do not have the minimum sum can withdraw only $5000 at the age of 55. The amount of monthly payout (from CPF Life) depends on whatever sum the person has from Retirement Account (Ordinary Account + Special Account) and the type of plan the person opts.
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pinky:
it's NEVER worth spending on these women lah[/quote]How are you so sure? You see.....their wives don't talk to them anymore and their children are all grown up and these women exploit the opportunity to enter their lonely life.
where else to spend the money? :evil: :evil: :evil: :rotflmao:wapobs:
[quote=\"pinky\"]...
also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll: -
did you read in the papers about uncles who spent all their CPF and savings on these women and ended up broken and regretful? Some of them resort to violence to get their money back. There was one who attempted suicide but was held back by his son. Their family have to chip in for the expenses and medical fees even though the men were the ones who dumped their family first and of course, there were children who refused to forgive their fathers too. All these sad family stories are played again and again in so many households because of the men’s folly and indisretion.
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daddy2007:
Isn't that what the CPF Investment scheme is for?
They should have the option of letting people to manage their own money or let Garment manage it. Maybe some simple test of a personal financial literacy will enable one to have the option to manage one's CPF moneyMMM:
Also, why can't they leave us to take care of our own hard earn monies. Not everyone need help to take care of monies???? -
That’s why must make sure ord account is zero before 55, then your money wil not be stuck in CPF for the next 10 years.
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YKVT:
That's why must make sure ord account is zero before 55, then your money wil not be stuck in CPF for the next 10 years.
That is a good idea which i intend to do.
The only idea I can think of is to use everything I have in cpf to pay off the house before I reach 55 (I don't need the money in my cpf for retirement). Any other idea?
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