Josh Tan: You need min $1.6M to retire with decent standard of living in SG.
#31

jo tan said "heng ar! i got million dollars paycheck"

the rest jiak sai no my problem
Reply
#32

Never give up...
Reply
#33

All have different needs, wants, expectations.
Eg, want to Behave like angmo , atas superior attitude, expensive lifestyles, keep up with the jonases, then no amount of $$$ is enuf.
U have 1.6 million, u wud want to spend more n want more $$$.
Reply
#34

This is ridiculous. It is modern slavery.
Reply
#35

no wonder a pap minister grumble his salary not enough
Reply
#36

Yes true came across one minister during visiting saying money not enough for him.
Reply
#37

(11-06-2022, 08:02 PM)simpleman Wrote:  No you dont need 1.6m to retire comfortably. Thats over inflated.

You need these at 65

1. Finished paying for your flat

2. 500k in Retirement Account to give you $2500 monthly cpf life

3. 50k in your medisave for the 4% interest to pay off your yearly integrated shield plan premiums

4. 100k in investments generating 5% returns for your yearly holidays abroad

if your flat worth $800k, the total is about $1.6m
Reply
#38

One thing Funny these people, Josh Tan , Mr Loo, etc talk Investment, CPF, Stock, even sometime Business.

Talk retire but STILL work to sell ?

When ask why never go retire they will tell u , Oh No intend to retire, Why retire ?
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)