09-02-2023, 01:51 PM
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CPF Full Retirement Sum is Now $198,800
09-02-2023, 09:14 PM
one better save more then that . with the way inflation is happening, one will not have enough with the pay out then.
what if fish ball noodles, chick rice cost $10,
what if fish ball noodles, chick rice cost $10,
09-02-2023, 09:16 PM
(09-02-2023, 09:14 PM)sclim Wrote: one better save more then that . with the way inflation is happening, one will not have enough with the pay out then.
what if fish ball noodles, chick rice cost $10,
In a few years time it is possible that with inflation food prices may average $10 per serving...............
09-02-2023, 09:18 PM
On average every year increase by 6-8K. So I count when I reach age 55 should be 240k close to quarter of a million. Those now age 20+ best of luck to you!
09-02-2023, 11:21 PM
I thought last time topsage already computed and recommended the basic cpf life as the best option and skip the standard or enhanced options.
09-02-2023, 11:54 PM
(09-02-2023, 09:16 PM)debono Wrote: In a few years time it is possible that with inflation food prices may average $10 per serving...............
We need to start food production.
If food is shortage, there will be war.
Take one of the islands to be food production base.
Am I a genius?
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
10-02-2023, 08:01 AM
10-02-2023, 08:04 AM
food production?
the cost components of cook food makes up of rental, labour and ingredients. i do not think ingredients gone up so much. more like rental and some extend labour. (as cheap foreign labour has reduced in number)
government should stick to old hawker style of allowing each hawker 1 stall only.
if not those enterprenuer type go pay high rent and recruit expensive labour to run stall. so up price high high.
when they no enough quota they buy from coffeeshop. mom style of allowing quota need some refinement to stop all these selling of quota. in indirectly drive up cost by paying coffeeshop owner.
the cost components of cook food makes up of rental, labour and ingredients. i do not think ingredients gone up so much. more like rental and some extend labour. (as cheap foreign labour has reduced in number)
government should stick to old hawker style of allowing each hawker 1 stall only.
if not those enterprenuer type go pay high rent and recruit expensive labour to run stall. so up price high high.
when they no enough quota they buy from coffeeshop. mom style of allowing quota need some refinement to stop all these selling of quota. in indirectly drive up cost by paying coffeeshop owner.
10-02-2023, 08:04 AM
(09-02-2023, 09:16 PM)debono Wrote: In a few years time it is possible that with inflation food prices may average $10 per serving...............
1 plate of chicken rice $35. 1 cup kopi c kosong $12
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