Several near-retiree colleagues told Uncle8888 that they like his "view" on SRS. They are going to open SRS account and enjoy better than 3 yrs Fixed Deposit rate. Are you also near-retiree in your 60 or 60s and have not open your SRS account?
Uncle8888 doesn't like his money to be locked up and also his income tax is not large to worth that long lock-up period. But when we are near retiring, then the story has changed.
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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