Originally posted by hloc:
Yes.... like i said earlier, if u have money, anytime can also quit
and retire. 20s, 30s, 40s...... whatever your age. But the
[b]Problem is that how many of us will have
enough when it is our time 
Don't forget that as we get older, our health is
failing ($$$), your children wants to go to a oversea U ($$$), and
some 'Uncle' have 2nd home in Batam (even more $$$).
Therefor the question is - Are you sure u have enough $$$
to retire[/b]
x 2.
The next question is -how much money you need to retire in
Singapore?
My life would be comfortable if my health does not fail and I don't
need my CPF money if I can work till 85. If I can afford to send my
children overseas I will want them to repay me, at least for some
years. But...many things are not in my control when I get
older.
If I don't have enough to retire in Singapore, should I then retire
in some outskirt areas in Guangdong, or Hainan, where every $ I
have can stretch 5 times? or invest everything down under to get a
PR so that my medical bills at old age are taken care of?
government recognises the aging population problem, but what are
they doing, are they doing enough, are they doing only for the rich
and the elites??If I can't retire in Singapore, should I even think
about contributing to Singapore anymore, including supporting the
highly paid ministers?
If old people have no future in Singapore, Singapore will have no
future. CPF is just one of the issues involved.
