[cityhantam]

$350 = 70 packs of $5 cai png.

3 meals X 30 days = 90 packs.

how to survive ?

Eat home cooked food lor! 

[jus4lucky]

one day one meal in future.

[sgh]

The rationale for CPFLife had been explained clearly by PM Lee.

Either you don't have an ability to remember things well...which is possible since the 39% are not known to be abundantly intelligent...or you are just pretending to be stupid. I will generously assume you are the latter.

By starting CPFLife, we averted a potential social problem  Even under the old CPF scheme where you take your CPF back over 20 years, we already prevented the high possibility of people frittering away their money if you allow them to take out the whole lump sum at the age of 55.  Maybe you are a person who is careful with your money but you cannot assume that others are like you. Singaporeans are no SAINTS. 

And if a large number of people, just 10K, "donate" their money to vietbus and atbs or the casinos, the government can do one of these:

1.  Ignore the crime rate, as these people resort to thefts when they are broke
2.  Arrest them and lock them up, again and again, and feed them with taxpayers' (your) money
3.  Prevent them from resorting to crime by simply giving them money (your money) now that they have lost all their CPF savings to a vietby or atb...or some scams,

Which do you want the government to do?

If one can furnish proof he is capable of handling his monies well e.g cpf investment while he is working all get better than 2.5,4% then allow to take all out after he retire. He has proven himself he is better than govt in investment

[[[ForeverAlone]]]

If one can furnish proof he is capable of handling his monies well e.g cpf investment while he is working all get better than 2.5,4% then allow to take all out after he retire. He has proven himself he is better than govt in investment

PM Lee already " BS " in the first place.

Go trace back one NDP speech , he so call claim " the last 10 years you will spend a lot on medical care "
when you about 60

Oh than why now claim work till 70??

[sgh]

PM Lee already " BS " in the first place.

Go trace back one NDP speech , he so call claim " the last 10 years you will spend a lot on medical care "
when you about 60

Oh than why now claim work till 70??

He not enough ppl so keep asking ppl to work beyond age 55 if possible. Sorry I don't subscribe to his theory. My side all die early alor never cross 70 mati so I want to retire at 55

[[[ForeverAlone]]]

He not enough ppl so keep asking ppl to work beyond age 55 if possible. Sorry I don't subscribe to his theory. My side all die early alor never cross 70 mati so I want to retire at 55

Last time when CPF launch they always brag big 55 retire enjoy your CPF money

Now ?

[debono]

Last time when CPF launch they always brag big 55 retire enjoy your CPF money

Now ?

They have to change the law according to the times....................

[Blasterlord2]

PM Lee already " BS " in the first place.

Go trace back one NDP speech , he so call claim " the last 10 years you will spend a lot on medical care "
when you about 60

Oh than why now claim work till 70??

He's asking you to work till 70 so that you can use the company's health benefits lor, like that also don't know.

[sgh]

They have to change the law according to the times....................

They create minimum sum RA to drag to age 65. Msia EPF age 55 all can take out. No minimum sum RA kind of BS! Drag and drag our own monies!!!

[[[ForeverAlone]]]

They create minimum sum RA to drag to age 65. Msia EPF age 55 all can take out. No minimum sum RA kind of BS! Drag and drag our own monies!!!

This is why I don’t believe they never roll our CPF money


Those pap supporter claim even MAS , GIC TS holdings got openly claim they never use CPF money .

[Dan]

Sounds like PAP is giving out the $350 from their pockets

[sgh]

This is why I don’t believe they never roll our CPF money


Those pap supporter claim even MAS , GIC TS holdings got openly claim they never use CPF money .

Question asked before and they answered. CPF monies is pooled together with other taxes etc govt earned monies and put to investment to get more returns else how to give us 2.5 and 4%. Becuz it is pooled together with other monies to invest it is hard to measure cpf only monies earned how much.

[Oyk]

If one can furnish proof he is capable of handling his monies well e.g cpf investment while he is working all get better than 2.5,4% then allow to take all out after he retire. He has proven himself he is better than govt in investment

That would be a minority.  Most people lot money investing,

There will never be a one-size-fits-all policy.  Blame those who blur the line between investing and reckless gung-ho gambling.