An honorable member of the Coffee Shop Has Just Posted the Following:
Why do we need to waste money on expensive homes? Buy cheap so that you can retire comfortably!
What do you think?
http://www.propertyguru.com.sg/prope...-grow-cpf-nest
Why getting a cheaper home will help grow CPF nest egg
"But let’s face it, everyone wants to retire comfortably.
Without adequate funds in one’s retirement account, it would be very difficult to achieve that.
And because our CPF funds can be used for many other purposes like housing and children’s educational needs, it is essential that one plans the use of the funds to accommodate all these.
A great piece of advice for this came from Labour Chief Lim Swee Say, who said that the best way for Singaporeans to prepare for retirement is to use less of the CPF monies prior to retirement."
Click here to view the whole thread at www.sammyboy.com.
05-09-2014, 04:00 PM
Waste money on expensive homes for what?
