CPF & Medisave minimum sums

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CPF & Medisave minimum sums

Postby Oppsgal » Tue May 07, 2013 5:59 pm


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Re: CPF & Medisave minimum sums

Postby ChiefKiasu » Tue May 07, 2013 6:27 pm

Oppsgal wrote:http://www.channelnewsasia.com/news/singapore/cpf-medisave-minimum-sums-medisave-contr/666194.html


Sigh. That's another $11K we'll never get to see or use.

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Re: CPF & Medisave minimum sums

Postby TheAnswer » Tue May 07, 2013 6:30 pm

ChiefKiasu wrote:
Oppsgal wrote:http://www.channelnewsasia.com/news/singapore/cpf-medisave-minimum-sums-medisave-contr/666194.html


Sigh. That's another $11K we'll never get to see or use.


Guess it will be worse when it's my turn..

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Re: CPF & Medisave minimum sums

Postby Linlin » Tue May 07, 2013 7:50 pm

TheAnswer wrote:
ChiefKiasu wrote:
Oppsgal wrote:http://www.channelnewsasia.com/news/singapore/cpf-medisave-minimum-sums-medisave-contr/666194.html


Sigh. That's another $11K we'll never get to see or use.


Guess it will be worse when it's my turn..


Reach my turn sure worse.. Buy health policies until blur.. Haiz..

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Re: CPF & Medisave minimum sums

Postby Oppsgal » Tue May 07, 2013 8:40 pm

What's the point of telling the minimum sum when cannot meet the target anyway. :sad:

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Re: CPF & Medisave minimum sums

Postby Dora1 » Tue May 07, 2013 9:36 pm

It's increasing $10k per year. By the time I retire, easily $350k, provided they dun increase the withdrawal limit any higher. Sigh after buying house, how to meet the min sum? Whatever sum they put also got nothing to do with the most of us

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Re: CPF & Medisave minimum sums

Postby 3Boys » Wed May 08, 2013 9:28 am

Why is this a bad thing?

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Re: CPF & Medisave minimum sums

Postby MMM » Wed May 08, 2013 9:48 am

That we will not live to see our CPF $....

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Re: CPF & Medisave minimum sums

Postby dolphinsiah » Wed May 08, 2013 10:36 am

:cry: :cry:

For me no money to withdraw by the age of 55...

If every year increase by $ 8-10K....no money to withdraw at the age of 55....

Will I live until 65...to enjoy my fruits of labour??? :faint:

There goes my retirement plan....

I guess I must work until I hand up my 'IC'...

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Re: CPF & Medisave minimum sums

Postby 3Boys » Wed May 08, 2013 10:49 am

MMM wrote:That we will not live to see our CPF $....


When the average life span of a Singaporean is 80? When at age 65, about half of them will live to 85 and beyond?

http://mycpf.cpf.gov.sg/Members/Gen-Info/CPF_LIFE

I don't think the issue is whether we will live to see our CPF$, the question is whether our CPF dollars will live long enough to see the end of our lives.

Is $148K enough for 20+ years of living?
Last edited by 3Boys on Wed May 08, 2013 10:54 am, edited 2 times in total.

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