Read? The Credibility a Stage Lends You
Naturally, his talk on CPF’s structural risk was also woefully inadequate. If he had been a Financial Advisor, he would be penalized or sacked. I’ve written on it a couple of times, like this one.
Hmm ... What if Mr 1M65 is in the Merdeka Generation and he was shouting loud and clear on his 1M55 movement to those Merdeka peers who were in their 20s and 30s to top up their CPF to reach 1M55 and retire at 55 as millionaires.
Remember those days in 1970s and 1980s; the official retirement age for Merdeka generation was 55 and CPF withdrawal at 55!
20 years later, those Merdeka generation folks who have listen to Mr 1M55 movement would scream or f.. him instead of thanking him big time!
Shifting CPF Goal Posts for Merdeka generation from 55 to 60 to 62 to 65!
Did Merdeka generation see it coming? NO? Right?
In those days in 1970s, Mr 1M55 might be shouting loud and clear ......
Top up your CPF to earn risk free 6.5% and let 8th wonder of the world compounding interests help you to reach 1M55!
Top up liao. Mai tan!
See for yourself what happen after that!
Why like that?
Did Merdeka generation tio screwed? No?
Government policies can change!
Government can also change in the future too!
Remember this Hokkien phase .. Kiang Jiu Jo, Mai Ge Kiang which means smart can already but don't act to be too smart!
Hmm ... Luckily, Mr 1M65 is not in Merdeka generation for his 1M55 movement!