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How much money do Singaporeans have to have to retire?
Inflation has become the buzzword of the moment, fuelling a sense of crisis over the cost of living, forcing more and more people stop thinking about retirement, and even making retirees consider whether to return to work.
Let's talk about what you think.
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Felayt OP : Are we getting further away from retirement today? How much money do we really need to have today to be able to retire?
TrinityM Felayt OP : Mortgage are like 30 years now, work till we die
Daniel spurs win : U will always think not enough, in the end, when leave this world, most people will have excess money and bring to coffin
102436725 : Your end date is fixed! The earlier you can retire the more time you have for yourself self
SteveInvestMindfully : I never thought about retiring after I was 40...
In fact, life after retirement is so unrealistic,
It's better to think about how to survive,
Then I won't work for money for the rest of my life,
But I can keep working,
Keep making money,
Keep spending money,
Stay alive,
That's it.
SteveInvestMindfully 102436725 : The problem is that you don't know the definite date.
SteveInvestMindfully Daniel spurs win : So, starting now, if you don't have the skills to spend, you won't earn money. It's not money you earn on your own; you don't spend it.
71518529 : I would like to think 2 million would provide me a very comfortable lifestyle.. When your retired as long as everything is paid for you should be comfortable, and able to do things you want to do ..