CPF: Have You Saved Enough? Think Again...

last SG · 2006-10-10T12:05:04+00:00

Hmm bro, u can. Check out their website Not all though but fair enough.

ShutterBug SG

Just like what one female client of 20 something age and a professional have described in her own words; "Aiyaa.. CPF is just an ILLUSION! I wouldn't bank on it!"

ditzy SG

They need our money to buy more shin corpse. Laughing

ShutterBug SG

Ahh.. fark lah.. that was the worst wayang I ever saw of them...

.. die die must look good by saying something clever...

Mad

dragg SG

as much as i sound pessimistic life full of financial worries is not worth living, especially if you are old.

Sad

Lowclassman SG

This Singapore!!!!! Freaking PAP Govt.

I served my NS and a pure Singaporean. Today, I realised that I don't even have free space to stand here on ''so called'' our homeland.

Maybe should not be free...but why are we paying housing loan with interest that would be doubled when is fully paid up? Notwithstanding the interest that we are paying....but a leased of 99 years which we will have to surrender our home to the govt eventually.
We are just slaves to pap.

FREAKING PAP

dragg SG

Originally posted by Lowclassman:
[b]This Singapore!!!!! Freaking PAP Govt.

I served my NS and a pure Singaporean. Today, I realised that I don't even have free space to stand here on ''so called'' our homeland.

Maybe should not be free...but why are paying housing loan with interest that would be doubled when is fully paid up? Notwithstanding the interest that we are paying....but a leased of 99 years which we will have to surrender our to the govt eventually.
We are just slaves to pap.

FREAKING PAP[/b]

and those people who came up with the idea probably bought landed properties with 999 years lease.

Evil or Very Mad

ShutterBug SG

Well.. those who aren't well off and old, will need to be HARDY - DO WHATEVER one is capable of, and somehow survive.

I know it's easier said than done, but I started off very badly in earlier years, and I did whatever I knew - groped around till now I'm finally ok.

I could find no jobs, people say I'm either under qualified or over-qualified, that I may have conflict of interests, that I can't speak/read Mandarin, or they want to pay me green-peas (worse than peanuts).. etc.

Rock^Star SG

Originally posted by Lowclassman:
[b]This Singapore!!!!! Freaking PAP Govt.

I served my NS and a pure Singaporean. Today, I realised that I don't even have free space to stand here on ''so called'' our homeland.

Maybe should not be free...but why are paying housing loan with interest that would be doubled when is fully paid up? Notwithstanding the interest that we are paying....but a leased of 99 years which we will have to surrender our home to the govt eventually.
We are just slaves to pap.

FREAKING PAP[/b]

Tot abt that too but then again, no flats are built to stand 99 years right? Probably be en bloc via SERS, HDB will compensate HDB-dwellers for relocation....as for how much, well that's another issue Cool

ShutterBug SG

Originally posted by Lowclassman:
[b]This Singapore!!!!! Freaking PAP Govt.

I served my NS and a pure Singaporean. Today, I realised that I don't even have free space to stand here on ''so called'' our homeland.

Maybe should not be free...but why are we paying housing loan with interest that would be doubled when is fully paid up? Notwithstanding the interest that we are paying....but a leased of 99 years which we will have to surrender our home to the govt eventually.
We are just slaves to pap.

FREAKING PAP[/b]

Hey brother!

Had your lunch?

Was it with see-hum??

Better dun eat too much of their see-hum... can die early one...
Mr. Green

troublemaker2005 SG

I used to think that the whole cpf thing’s BS! But now my dad’s got cancer and from the income level of my parents savings in excess in their bank accounts are highly impossible. The insurance coverage i bought for my dad’s even more bull sh it and i forsee will hardly cover the daily hospitalization charges. I am hoping my dad’s medisave account can hold out for this time and since he is 62 years old now, the period of him recuperating from the surgery he will be jobless so i guess he can still get some money every month from the retirement account.

dragg SG

you know how screw-up things were in the earlier years. who knows what will happen to these 99yr-lease flats? maybe something might crop up out of nowhere ten years down the road.

dragg SG

all things considered, it isnt too bad.

Crying or Very sad

ShutterBug SG

Yah... crop up.. such as a new governement...

dragg SG

the aluminium rivets (when windows starts dropping as frequent as bird shIt).

the lift upgrading (as the population ages)

all these cropped up out of nowhere and flat owners end up having to pay for it.

what's next????

money, money and more money!!!

the govt should set aside a sum of money to solve such problems!!!

monstropper SG

wait long long....

for your new govt...

sigh...yeah lor...bloody society is built based on money...they are getting richer....we are getting poorer....

Rock^Star SG

My empathy goes out to your dad.......

Insurance is never BS, always read the fine print and there are lots of great policies out there.

But one's medisave can only have a max of $30,000, so it may not last ur dad very long........

dragg SG

they are full of excuses when it comes to the reserves.

i wonder what it is for, except to invest and make more money. then what's next? make more money again until the end of time?

ShutterBug SG

They're hoarding money for all their future bloodline...

all that money, and nothing towards helping those who really needs it.. yes there are some help, but even then, it's just a trickle to wet their tongues.

Especially our own hard earned money, they will find all sorts of execuse and policies to keep your money out of your reach until you finally going to die...

I just hope one day, some formiddable opposition will kick them out and replace them.

Nothing can last forever!!

nightzip SG

Not to mention YOU CANNOT EVEN withdraw from your CPF account if you NEVER reach the sum....so many people actually gave all the monies to the GOVT! Rolling Eyes

Rock^Star SG

Hmm bro, u can. Check out their website Cool Not all though but fair enough.

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