tag:blogger.com,1999:blog-7944902213075756335.post4474582796101408995..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): Retirement funding for our parents: An idea.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7944902213075756335.post-9786851211188126502015-08-12T22:59:00.014+08:002015-08-12T22:59:00.014+08:00Hi pf,
Well, you know what I will say. As long as...Hi pf,<br /><br />Well, you know what I will say. As long as the asset is going to generate income for you, it is an investment. I think that is also part of your plan. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91032002628146961222015-08-12T19:38:56.259+08:002015-08-12T19:38:56.259+08:00Yes lor....a hdb flat is the only social welfare t...Yes lor....a hdb flat is the only social welfare that we hv in sg. More or less. I hv friends who converted their citizenship just becoz of this reason. Or else they hv no way out of a tenant's life as private housing is too expensive. <br /><br />It's good that govt provided options to make use of the flat as part of the retirement plan. That is why I stress the careful consideration in pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-48272784690947010742015-08-05T16:14:26.363+08:002015-08-05T16:14:26.363+08:00Hi pf,
Sounds like you have plans in place to hel...Hi pf,<br /><br />Sounds like you have plans in place to help your parents with their retirement funding. Monetising some of the remaining lease of your parents' flat is a good idea, I feel.<br /><br />All of us have difference circumstances and we should count our blessings, I very much agree with you. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67839183629504213292015-08-05T15:42:07.991+08:002015-08-05T15:42:07.991+08:00I'm thinking the same as AL. I plan to top up ...I'm thinking the same as AL. I plan to top up my mother's cpf to meet her min sum. We will be using the money I have given her over these years and also whatever I am giving her this year. Once she is on cpf life, I'll see how to help my father as well.<br /><br />Gg on cpf life wld be quite difficult for my father as his cpf went towards the flat. We may need to consider selling somepfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43340779928634280412015-08-04T22:00:25.471+08:002015-08-04T22:00:25.471+08:00Hi LL,
You want to use the CPF Life Payout Calcul...Hi LL,<br /><br />You want to use the CPF Life Payout Calculator to be sure:<br /><br /><a href="https://www.cpf.gov.sg/cpf_trans/ssl/financial_model/lifecal/Life_Estimator.asp" rel="nofollow">CPF Life Payout Calculator.</a><br /><br />So, for a person who is 60 years old, for example, who has $155K, the monthly payout from age 65 is $888 to $961 (CPF Life Basic) but if he should pass on at age AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-75170394063618727522015-08-04T21:49:50.662+08:002015-08-04T21:49:50.662+08:00Correct my understanding if I am wrong. I saw a vi...Correct my understanding if I am wrong. I saw a video before, let's just say if the parents passed away, only 200k will be given back to the children. All the interests earned during its RA period will not be given back to the children. Am I right?Anonymoushttps://www.blogger.com/profile/00311717245151367817noreply@blogger.com