tag:blogger.com,1999:blog-7944902213075756335.post9028968419890428886..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): CPF SA time and income lost due to peer pressure.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-7944902213075756335.post-20988570697794677132018-08-27T18:25:15.099+08:002018-08-27T18:25:15.099+08:00Hi
I am not sure whether the FRS will increase 3...Hi <br /><br />I am not sure whether the FRS will increase 3% per annum as things stand. It's the matter on how to react to the circumstance. It will be more prudent to adopt the flexible approach and adopt the appropriate changing approach to handle the unpredictable increment. <br /><br />BenWTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66649637352924913552018-08-27T12:55:57.750+08:002018-08-27T12:55:57.750+08:00Jackson Yang says...
My eye fixed at $350k FRS lia...Jackson Yang says...<br />My eye fixed at $350k FRS liao... because that's what math told me when I include 3% annual <br /><br /><br />Jack James says...<br />You are 19 years old now ?<br />Year 2054 will have S$351,000 🤣🤣<br /><br /><br />Jackson Yang says...<br />Nope. For those who is 19 YO now, they will need $495k FRS when they reach age 55, consider 3% annual increment....<br /><br AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-5156601654180543932018-08-26T22:20:53.257+08:002018-08-26T22:20:53.257+08:00See also:
Are we worried about retirement adequacy...See also:<br /><a href="https://singaporeanstocksinvestor.blogspot.com/2015/07/are-we-worried-about-retirement.html" rel="nofollow">Are we worried about retirement adequacy the right way?</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58738030780565609562018-08-26T22:17:42.890+08:002018-08-26T22:17:42.890+08:00Hi Devan Z,
What I know is that we have to plan f...Hi Devan Z,<br /><br />What I know is that we have to plan for a financially secure retirement.<br /><br />What I know is that the CPF is risk free and volatility free.<br /><br />What I know is that with inflation, we will need more money in future to retire more comfortably.<br /><br />I am comfortable with having a bigger annuity (i.e. money locked up in the CPF-RA) to help ensure retirement AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27931023208823064162018-08-26T21:54:29.193+08:002018-08-26T21:54:29.193+08:00hi Ak,
Minimum sum in year 2008 was $106,000. FRS...hi Ak,<br /><br />Minimum sum in year 2008 was $106,000. FRS in year 2018 is $171,000. If my math is correct (im quite bad at it), then that is about 4.9% increase per annum which is higher than the return rate for SA which is 4%.<br /> <br />The "hypothetical" situation had happened before, and nobody can confirm it will not happens again. Is it still wise to top up cpf? Or would it The "GPT" analysis reportshttps://www.blogger.com/profile/03906524336528651177noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17268916987539062092018-08-26T20:51:51.958+08:002018-08-26T20:51:51.958+08:00Hi SD,
If we care very much about how our peers l...Hi SD,<br /><br />If we care very much about how our peers look at us, it could be difficult to move forward.<br /><br />Your destiny is in your hands, not theirs. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-74212870429507474722018-08-26T20:43:51.356+08:002018-08-26T20:43:51.356+08:00Jieren Azrael Zheng says...
I think it is ok to d...Jieren Azrael Zheng says... <br />I think it is ok to do the transfer (I did as well) but one must understand each circumstances before doing. The OA might be required.<br />But how come your picture is talking about Temasek and GIC.<br /><br />AK says...<br />I anyhow blog de lah.<br />Video also anyhow share lor. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21220615068207603772018-08-26T20:43:18.960+08:002018-08-26T20:43:18.960+08:00Koh Kai Xiang says...
I’m on the luckier side as I...Koh Kai Xiang says...<br />I’m on the luckier side as I discover AK blog earlier this year (late 20s) and did a bulk transfer last few months 🙂AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23334150237754122112018-08-26T20:23:39.844+08:002018-08-26T20:23:39.844+08:00Hi WGM,
Oh, yes, we cannot choose our family but ...Hi WGM,<br /><br />Oh, yes, we cannot choose our family but we can choose our friends.<br /><br />Choose our friends carefully. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91302776867651894022018-08-26T20:22:49.768+08:002018-08-26T20:22:49.768+08:00Hi Devan Z,
That is a hypothetical situation.
To...Hi Devan Z,<br /><br />That is a hypothetical situation.<br /><br />Too many "what ifs".<br /><br />I would make decisions based on what I know. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70764437236017269942018-08-26T20:21:28.724+08:002018-08-26T20:21:28.724+08:00Hi Laurence,
Aiyoh. BYHW. -.-"Hi Laurence,<br /><br />Aiyoh. BYHW. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15339780767713684362018-08-26T20:20:51.302+08:002018-08-26T20:20:51.302+08:00Hi Ben,
Peer pressure is a terrible thing, isn...Hi Ben,<br /><br />Peer pressure is a terrible thing, isn't it?<br /><br />From the things I do and say, I think it is evident that I have cultivated a peerless ability to disregard peer pressure over the years.<br /><br />AK pai giah! :pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56373852969473871672018-08-26T20:16:12.998+08:002018-08-26T20:16:12.998+08:00Raymond Ng says...
I like this...
Similarly when...Raymond Ng says... <br />I like this... <br />Similarly when I told others that GST increase from 5 to 7% is 40% increment in our expenses on GST. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-84276640976783426682018-08-26T20:16:00.905+08:002018-08-26T20:16:00.905+08:00Jimmy Ng says...
Like me, he woke up nd took actio...Jimmy Ng says...<br />Like me, he woke up nd took action. <br />Come 65, lets see who has the winning 😁 when the 1st cpf life payout arrives<br /><br /><br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-62492929692070183292018-08-26T19:33:48.703+08:002018-08-26T19:33:48.703+08:00Hi AK,
I share the same sentiments with this read...Hi AK,<br /><br />I share the same sentiments with this reader. I'm pretty badly bashed too for my actions :(sleepydevilhttps://www.blogger.com/profile/03214790983822461454noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28401506743204066502018-08-26T17:46:55.605+08:002018-08-26T17:46:55.605+08:00Hi AK,
There's always two sides of a coin. Ho...Hi AK,<br /><br />There's always two sides of a coin. How can we use peer pressure to improve ourselves? I think it depends a lot on the 'peer'(s).<br /><br />'Fire isn't good or bad. It just burns.' - Karen Marie Moning<br /><br />WGMWGMhttps://www.blogger.com/profile/13078935375489081966noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80439383516986193962018-08-26T16:29:46.040+08:002018-08-26T16:29:46.040+08:00hi AK,
would topping up cpf still make sense if f...hi AK,<br /><br />would topping up cpf still make sense if frs increases at a rate higher than sa interest eg, frs increase at 5% per year? this means more money locked in until u reach 65. =.=The "GPT" analysis reportshttps://www.blogger.com/profile/03906524336528651177noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32763308757363104342018-08-26T14:20:48.414+08:002018-08-26T14:20:48.414+08:00Haha, AK is referring to Sleepydevil. Haha, AK is referring to Sleepydevil. laurencehttps://www.blogger.com/profile/00674907410230833403noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67063705118168632612018-08-26T10:25:28.875+08:002018-08-26T10:25:28.875+08:00Hi AK,
Thank for posting my comment.
I have sinc...Hi AK,<br /><br />Thank for posting my comment.<br /><br />I have since gained additional insight. I will not lament on the decisions which were made in the past. It cannot be undone. It will be more fruitful focusing on the present and look on how to make the best possible decision which will benefit the future me. I believe that this should be made applicable by others as well. <br /><br />The WTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.com