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]
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 " ,,, :-)
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 " ,,, :-)