Problem is that we listened to the government to set our roots
down, put all our savings into property and now we are stuck. When
the property market drops, you see your investment shrink.
I see Singapore as a good place to earn money when you are young
and economically productive. But I hardly think I can afford to
retire here, not unless the PAP invites me to be a cabinet
minister. And I think I have a better chance becoming the next
pope.
So cash out and move to Malaysia, Thailand or China, where with the
proceeds of the property you sell off here and your CPF money, you
can join the elite there. I am going to retire at 55, can you do
that in sg?
