As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Thursday, 1 December 2016

Housing choice linked to retirement choice.

Read? The Tale Of Three Old Men In The Same Office Space (True Story)


Now; it is not based on Uncle8888's observation but MAS study.

So it is matter of asset rich or liquidity rich when going into our retirement phase.


4 comments:

  1. Indeed, "To retire comfortably, households must consider their housing choice as part of their retirement planning," it said.

    So, G should look into modify some CPF policy... such as use up to 50% of OA for housing. In the end, more money will be in OA/SA for retirement.

    ReplyDelete
    Replies
    1. Need another crisis like 1998 AFC before this may happen.

      Delete
  2. Home ownership is an important pillar for retirement as houses can be used as an additional source of income later on in life. As such, CPF savings can be used to finance home loans. [CPF]

    https://cpf-intouch.sg/should-i-use-my-cpf-savings-to-finance-my-home-loan-repayments/?https%3A%2F%2Fcpf-intouch.sg%2Fshould-i-use-my-cpf-savings-to-finance-my-home-loan-repayments%2F%3Futm_source=FB&utm_medium=native&utm_campaign=intouch3

    ReplyDelete
  3. Yah ,,, from 1 room to 2 room , 3 room , 4 room , 5 room , 5I , EC , Condominium ( CCR, RCR,OCR ) , Terrace, Semi-detach , Detach , Bungalows , GCB ( good class bungalow) ,,,chasing and chasing ,,,, never ending ,,,, how to retire ,,, :-(
    Unless we born with silver spoon or " lim pek jin wu lui " ,,, :-)

    ReplyDelete

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