In fact, I am okay as in SMOL's Zebra story looking at many assholes around me when I am retired. Median passive wage for a couple from investment portfolio. :-)
I'm glad I have option 2 - being single and no children and all.... I'm not embarrassed to say I live in HDB or to downgrade to studio apartment, if needed.
You should listen to yourself. If financially free is "not enough", what is enough?
I guess it helps I'm a glass half-full kind of guy :)
Hi CW,
ReplyDeleteAre the numbers skewed by those who don't work (i.e. wage =0)?
Don't think so. The number is for median wage for full-time employed resident aged 60 and above
DeleteIn that case, I am sad. That is just enough to live an average life in Singapore.
DeleteIn fact, I am okay as in SMOL's Zebra story looking at many assholes around me when I am retired. Median passive wage for a couple from investment portfolio. :-)
DeleteSRSI,
ReplyDeleteStay calm.
That's why CW shows the pic with big carrot hidden below the ground ;)
Some of these 60 and above may "only" earn $2,000; but they:
1) have well brought up children successful in their careers or business. Regular cash flow from grateful children with love.
2) have a big HDB unit which they can either downgrade, rent out a spare room, or sell the remaining lease to HDB, etc.
3) have a hereditary landed property; bless their forefathers!
4) have already reached financial freedom; working not for money but to have fun!
Not everything is what it seems on first look ;)
I guess only feasible option is (4). The worry is whether it will be adequate.
DeleteSRSI,
DeleteI'm glad I have option 2 - being single and no children and all.... I'm not embarrassed to say I live in HDB or to downgrade to studio apartment, if needed.
You should listen to yourself. If financially free is "not enough", what is enough?
I guess it helps I'm a glass half-full kind of guy :)
Hi SMOL,
DeleteDo you mean you have big carrot hidden under somewhere.... woohoo!
Ok sorry, bad influence... tsk tsk.
Jes,
DeleteYou naughty girl!!!