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.
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.
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.
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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 " ,,, :-)