<![CDATA[Is your cpf enough for you to retire?]]>

Cloud Cloud:
I am depending on cpf payout and passive income from rental. Unless I return to work, there is probably not much further assets I can accumulate. Even if not enough, nothing much I can do. Probably just go when money is used up. My best assets to my girls will be education. If got excess, of course will leave to them.

Am thinking in this line too
With CPF Life payout and drawing down my savings, when the latter almost ends, it is time to leave

]]>https://forum.kiasuparents.com/topic/65239/is-your-cpf-enough-for-you-to-retireRSS for NodeSat, 13 Jun 2026 23:50:17 GMTWed, 18 Oct 2017 08:16:54 GMT60<![CDATA[Reply to Is your cpf enough for you to retire? on Wed, 18 Oct 2017 07:41:41 GMT]]>I am depending on cpf payout and passive income from rental. Unless I return to work, there is probably not much further assets I can accumulate. Even if not enough, nothing much I can do. Probably just go when money is used up. My best assets to my girls will be education. If got excess, of course will leave to them.

]]>https://forum.kiasuparents.com/post/1809471https://forum.kiasuparents.com/post/1809471Wed, 18 Oct 2017 07:41:41 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Wed, 18 Oct 2017 05:51:09 GMT]]>

janet88:
by the time WE retire, i don't think it is sufficient for 我们两个老的. costs of living would have shot up so much.

I sincerely think we cannot retire.Everything needs money/expensive and it will be best if we keep on working part time.

In the meantime,ever since the DDs were born,DH opened up an account for each of them and puts money inside faithfully every month and will return to them ehen they reach adulthood.

He was also thinking of going back to the place where he spent part of his childhood and just wind down from there.

]]>https://forum.kiasuparents.com/post/1809444https://forum.kiasuparents.com/post/1809444Wed, 18 Oct 2017 05:51:09 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Wed, 18 Oct 2017 05:22:29 GMT]]>MP

That is the risk to take since our $$ is with the T
Am sure we are not putting all our eggs there …
For kids, it will be their fate with T then

]]>https://forum.kiasuparents.com/post/1809440https://forum.kiasuparents.com/post/1809440Wed, 18 Oct 2017 05:22:29 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Wed, 18 Oct 2017 03:33:56 GMT]]>

starlight1968sg:
I provide education to my dd which gives her the skill to fish

I opened a cpf ac for her to let her take advantage of compounding interest
I leave my cpf for my old age use. If I can’t use all this money, yes, it goes to her and my nominated beneficiaries
I din know can open cpf acct for kids?
But my money there already used by that T holdings n lose more in China & ?? investment 🤷

]]>https://forum.kiasuparents.com/post/1809408https://forum.kiasuparents.com/post/1809408Wed, 18 Oct 2017 03:33:56 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Wed, 18 Oct 2017 01:45:03 GMT]]>by the time WE retire, i don’t think it is sufficient for 我们两个老的. costs of living would have shot up so much.

]]>https://forum.kiasuparents.com/post/1809386https://forum.kiasuparents.com/post/1809386Wed, 18 Oct 2017 01:45:03 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Tue, 17 Oct 2017 04:38:36 GMT]]>I don’t think I want to retire.I need to do something even in my old age.


Sitting at home is just not my cup of tea.

If I don’t leave my money to my DDs,who can I leave it to?

]]>https://forum.kiasuparents.com/post/1809178https://forum.kiasuparents.com/post/1809178Tue, 17 Oct 2017 04:38:36 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Tue, 17 Oct 2017 04:31:14 GMT]]>Technology and automation will see a lot of people's jobs being affected. This will be world and sector wide. My worry is that my kids will not be able to adept to the new world order.


https://www.bloombergquint.com/business/2017/10/10/this-tech-firm-is-treating-its-new-recruits-like-fighter-pilots

]]>https://forum.kiasuparents.com/post/1809177https://forum.kiasuparents.com/post/1809177Tue, 17 Oct 2017 04:31:14 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Tue, 17 Oct 2017 01:39:38 GMT]]>

starlight1968sg:
Yes, when things are given, not many would cherish

Kids hv to work hard to earn their keep
My cpf is my coffin $$
we parents are providing education...which is equipping them with a skill to survive.
hubby told them to work very hard as it will be getting difficult to survive when they reach adulthood.

]]>https://forum.kiasuparents.com/post/1809048https://forum.kiasuparents.com/post/1809048Tue, 17 Oct 2017 01:39:38 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Tue, 17 Oct 2017 01:32:19 GMT]]>I provide education to my dd which gives her the skill to fish

I opened a cpf ac for her to let her take advantage of compounding interest
I leave my cpf for my old age use. If I can’t use all this money, yes, it goes to her and my nominated beneficiaries

]]>https://forum.kiasuparents.com/post/1809039https://forum.kiasuparents.com/post/1809039Tue, 17 Oct 2017 01:32:19 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Tue, 17 Oct 2017 01:25:38 GMT]]>

Nebbermind:
starlight1968sg:

Yes, when things are given, not many would cherish

Kids hv to work hard to earn their keep
My cpf is my coffin $$

Yalor! Somemore if leave much for the kids, will worry if they will kena conned by their spouses :moneyflies: ...no peace even when entering the coffin 😓 .

Ditto my thoughts but at the end of the day, 父母之爱子， 必为之计深长. Will still want to accumulate enough wealth and assets to secure them.

]]>https://forum.kiasuparents.com/post/1809027https://forum.kiasuparents.com/post/1809027Tue, 17 Oct 2017 01:25:38 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 16 Oct 2017 02:20:05 GMT]]>

starlight1968sg:
No, my child has to earn herself. If I hv any extra, yes and I will pass to her. I don’t intend to specially set aside $$ for her

my unmarried aunty has put down her will , abt 54yo
she donates half to chairty home
Half to share among 6 younger nephew n nieces who are close to her

i think if one has intention not going to pass money/assets down the easy line, recommended to
draw a will sooner to avoid more hassles or troubles. Money can be troublesome and problematic

]]>https://forum.kiasuparents.com/post/1808775https://forum.kiasuparents.com/post/1808775Mon, 16 Oct 2017 02:20:05 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 16 Oct 2017 02:14:30 GMT]]>

starlight1968sg:
Yes, when things are given, not many would cherish

Kids hv to work hard to earn their keep
My cpf is my coffin $$
Yalor! Somemore if leave much for the kids, will worry if they will kena conned by their spouses :moneyflies: ...no peace even when entering the coffin 😓 .

]]>https://forum.kiasuparents.com/post/1808773https://forum.kiasuparents.com/post/1808773Mon, 16 Oct 2017 02:14:30 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 16 Oct 2017 02:10:23 GMT]]>Yes, when things are given, not many would cherish

Kids hv to work hard to earn their keep
My cpf is my coffin $$

]]>https://forum.kiasuparents.com/post/1808769https://forum.kiasuparents.com/post/1808769Mon, 16 Oct 2017 02:10:23 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 16 Oct 2017 02:03:58 GMT]]>

starlight1968sg:
No, my child has to earn herself. If I hv any extra, yes and I will pass to her. I don’t intend to specially set aside $$ for her

i told hubby we have to plan for ourselves. if the kids get everything too smoothly, then they will not value money. things cannot be given on a silver platter to them.
if hubby's knee gives problem when he is older or we need medical assistance, cpf is definitely insufficient.
for now, we need to sell off the flat and see something in our OA account first.

when daughter is independent, i will consider going to work...but not in the meantime.

]]>https://forum.kiasuparents.com/post/1808765https://forum.kiasuparents.com/post/1808765Mon, 16 Oct 2017 02:03:58 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 16 Oct 2017 02:01:01 GMT]]>No, my child has to earn herself. If I hv any extra, yes and I will pass to her. I don’t intend to specially set aside $$ for her

]]>https://forum.kiasuparents.com/post/1808763https://forum.kiasuparents.com/post/1808763Mon, 16 Oct 2017 02:01:01 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 16 Oct 2017 00:38:22 GMT]]>CPF by itself will not necessarily be enough, even with the annuity schemes.

Savings, too, will likely get worn down by inflation.
I’d assume that most of us will need some form of passive income from rental/ dividends, etc.
That would enable a constant flow of income without eating too much into the capital (savings) that I’m sure we want to pass to our children.

]]>https://forum.kiasuparents.com/post/1808713https://forum.kiasuparents.com/post/1808713Mon, 16 Oct 2017 00:38:22 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Fri, 24 Mar 2017 07:04:14 GMT]]>From when we first got married, we decided to have savings in addition to CPF. Not that we are very comfortable now, but it is likely that even factoring inflation and kids’ education, things should be manageable. The key - for us - is that we started early.

]]>https://forum.kiasuparents.com/post/1763326https://forum.kiasuparents.com/post/1763326Fri, 24 Mar 2017 07:04:14 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 13 Mar 2017 01:30:22 GMT]]>Related to retirement

1/3 going to run out of money although majority are optimistic about retirement
https://www.ifa.sg/13-going-run-money-although-majority-optimistic-retirement/

For your reading pleasure...

]]>https://forum.kiasuparents.com/post/1760569https://forum.kiasuparents.com/post/1760569Mon, 13 Mar 2017 01:30:22 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 13 Mar 2017 00:43:43 GMT]]>many start having health problems like knee replacement or high blood pressure from 60+. medical costs are escalating. have to plan early.

]]>https://forum.kiasuparents.com/post/1760544https://forum.kiasuparents.com/post/1760544Mon, 13 Mar 2017 00:43:43 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Sun, 12 Mar 2017 11:42:23 GMT]]>

starlight1968sg:
hercules:

this about 16 min talk show extract says modern generation people have high chance of living to 100 yo:


https://www.youtube.com/watch?v=0Vi4gB-wJhk

If have to live till 100 yo, then retirement planning is a completely different ball game.

How many live till or pass 100?
I plan my retirement funds to last till age 90

The gist of it. :shock: (its a talk show and so listen with a pinch of salt but points worth pondering).

https://s27.postimg.org/big4xm6pf/life_span.jpg\">

]]>https://forum.kiasuparents.com/post/1760479https://forum.kiasuparents.com/post/1760479Sun, 12 Mar 2017 11:42:23 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Sun, 12 Mar 2017 11:36:04 GMT]]>

hercules:
this about 16 min talk show extract says modern generation people have high chance of living to 100 yo:


https://www.youtube.com/watch?v=0Vi4gB-wJhk

If have to live till 100 yo, then retirement planning is a completely different ball game.
How many live till or pass 100?
I plan my retirement funds to last till age 90

]]>https://forum.kiasuparents.com/post/1760478https://forum.kiasuparents.com/post/1760478Sun, 12 Mar 2017 11:36:04 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Sun, 12 Mar 2017 11:30:20 GMT]]>this about 16 min talk show extract says modern generation people have high chance of living to 100 yo:


https://www.youtube.com/watch?v=0Vi4gB-wJhk

If have to live till 100 yo, then retirement planning is a completely different ball game.

]]>https://forum.kiasuparents.com/post/1760477https://forum.kiasuparents.com/post/1760477Sun, 12 Mar 2017 11:30:20 GMT<![CDATA[Reply to Is your cpf enough for you to retire? on Mon, 06 Mar 2017 21:25:54 GMT]]>Optimising Your CPF For Retirement

A Sharing by Singapore Finance Bloggers
http://www.bigscribe.com/optimising-your-cpf-for-retirement/

]]>https://forum.kiasuparents.com/post/1758874https://forum.kiasuparents.com/post/1758874Mon, 06 Mar 2017 21:25:54 GMT