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countries for sinkies to retire in
- Thread starter dancingshoes
- Start date
From assets eg interest income, dividends, rent, annuities, pension, web based commerce etc.
Income isn't just "salary". I have not earned a salary in the last 20 years but I still have income.
If you have $1 million in assets which yield 5% per annum, your yearly income is $50,000.
This one looks interesting, but how do they define "ample financial resources"? Any kind soul can provide link to the "simple and short" survey?
What's keeping u back on an island with makeshift hdb and rotten food? 
The door is over there
The door is over there
From Sam's point:
Asset : only hdb, end of story
Interest income: bank or fd pays pittance, end of story
Dividend: seldom dabble in stock/bonds, end of story
Rent: only hdb, end of story
Annuities : term insurance, end of story
Pension: CPF, goalpost shifting, end of story
So it's back to work.........
From Sam's point:
Asset : only hdb, end of story
Interest income: bank or fd pays pittance, end of story
Dividend: seldom dabble in stock/bonds, end of story
Rent: only hdb, end of story
Annuities : term insurance, end of story
Pension: CPF, goalpost shifting, end of story
So it's back to work.........
I'm sure most sinkies would be able to meet the requirements to retire in Thailand :
thailand is not safe if you think so, my friend's richie rich uncle was murdered in pattaya in the early 90s for his money.
Singapore is not as safe as you think either. I had a friend who was beaten up for no rhyme or reason. He now has permanent brain damage.
Of all places, he go choose pattaya.. I mean pattaya last time and now is very different.
Why not retire in Singapore? Senior citizens have Pioneer Generation medical rebates, CHAS card, Medishield Life, NTUC (for cheap groceries), monthly CPF payouts, and even part-time jobs with food court operators or security corporations. This is not including good security and low crime rate in Singapore, good public transport and reliable utilities.
China can be desirable too!
Can retire in Pulau Ubin. For food, hunt wild boar and fish. For water, drink from well.
The Ah Tiong experience here is enough to scare me from going there.
The amount you spend in sinkapore translate to living in luxury in many other countries.
Good public transport here ...which era are you referring to?
Reliable utilities is not equal to affordable utilities. Last time, I can afford to run aircon 24X7 at 22C. Now, I can afford to run aircon for sleep and at 24C.
You stay in Pulau Rendang, Langkawi or Pulau Tioman. Very safe.
Forget Canada lah ...it is no longer easy to get PR there now.
Hahaha! Agree. Can only go there for short bonking trips.
The public transport here is good for me. I am lucky that I have never been personally inconvenienced by the numerous public transport breakdowns. So during the previous or coming GE, this is a non-issue for me. The utilities is affordable for me based on my current income and alternative streams of income. So, for me and many others like me, PAP has done a good job and deserves my vote.
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