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.
【暴雨】天文台發出黃雨警告 新界北過去一小時雨勢大 – 香港經濟日報 – TOPick – 新聞 – 社會
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【0735】天文台發出黃色暴雨警告。雷達圖可見,目前雨區影響新界北為主,而廣東省雨區範圍廣闊。【0705】天文台預警,未來兩三小時本港受雷雨區影響。廣東省緊急管理廳、自然資源廳、氣象局提醒,4月20至
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52 minutes ago
Indeed, "To retire comfortably, households must consider their housing choice as part of their retirement planning," it said.
ReplyDeleteSo, 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.
Need another crisis like 1998 AFC before this may happen.
DeleteHome 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]
ReplyDeletehttps://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
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 ,,, :-(
ReplyDeleteUnless we born with silver spoon or " lim pek jin wu lui " ,,, :-)