As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Wednesday, 13 March 2019

What Is The Real Cause Of Low CPF Payout In Some Mederka Generation???


Read? Josephine Teo’s data of Singapore Elderly’s Low CPF Payout is Depressing. Still, it meets the CPF’s Expectations of how much in our CPF we Should have


Hmm ...

Read? Chop Fingers liao!!! (2)

Read? More posts related to AFC


3 comments:

  1. Hi Uncle8888,

    The non-PC elephant in the room is property asset enhancement initiative, which nobody wants to admit. 😜

    A smaller reason is money earn no enough, especially for those who became housewives. This reason more PC for people to harp on, even though it's a lesser reason & not that damaging if the spouse had been earning around median wage.

    ReplyDelete
  2. Blame MBT and his Perm Sec?

    Blame Mederka gen for their greed for 2 or 3 bites on their residential home, but spent away most of their profits enjoying good stuffs and thinking money can earn back on the next residential home

    ReplyDelete
  3. In relative terms, i think a little money at that time was a lot.

    And CPF was 25% employee and 25% employer.

    That was 50 % of your salary.

    No wonder it was unsustainable.

    ReplyDelete

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