Govt unable to support old and elderly retirees, why must retirees support the Govt?
#41
29-10-2019 7:37 AM
sukhoi35 said:
S$1,379 a month needed for basic needs? This is how Singapore's seniors agree on this baseline
06 Jun 2019

Our study which found that Singapore seniors each need at least S$1,379 monthly to meet basic needs has been widely reported by the media and shared on social media. This is perhaps not surprising, as retirement adequacy is an issue close to Singaporeans’ hearts.

Here, we share how we conducted the study and some findings that struck us. In addition to establishing baseline budgets, our research sheds light on our shared values as Singaporeans.

In the past year, poverty and inequality have come to the forefront of public consciousness. Much has been said about education and social mobility, social provisions and poverty alleviation, and the complex challenges of living with low income.

We think that the release of the study is therefore timely, as it can help us move the discussion toward defining what a decent life in Singapore should entail.
https://lkyspp.nus.edu.sg/research/publi...s-baseline

29-10-2019 8:12 AM
Cmpunk said:
Actually 500 per month should be fine.

$500 per month is not enough for a retiree who lived alone. The estimate of S$1,379 is most likely to be enough to pay for utilities bill, transport, breakfast, lunch and dinner, property tax, membership to gym etc ...etc, if we were to add in cost of medical care, then it insufficient. At a retirees age, one is bound to fall sick, every now and then... Crying Crying
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#42
11-11-2019 3:11 PM
debono said:
$500 per month is not enough for a retiree who lived alone. The estimate of S$1,379 is most likely to be enough to pay for utilities bill, transport, breakfast, lunch and dinner, property tax, membership to gym etc ...etc, if we were to add in cost of medical care, then it insufficient. At a retirees age, one is bound to fall sick, every now and then... Crying Crying

Agree with you bro, now gst 7% i already see all basic food cost a bowl of kueh teiw up by 50cts every 3-6 mths, when gst 9% n later 12%, tell u all yr $1300 per mth is definitely not in enough in the next 5-10 yrs. No one can control inflation unless world war break out.
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#43
11-11-2019 3:18 PM
Oldman said:
Agree with you bro, now gst 7% i already see all basic food cost a bowl of kueh teiw up by 50cts every 3-6 mths, when gst 9% n later 12%, tell u all yr $1300 per mth is definitely not in enough in the next 5-10 yrs. No one can control inflation unless world war break out.

It is best to engage a third party, somebody who is not bias, and has no interest with the ruling party or opposition parties, then only will be able to gauge whether S$1,379 is sufficient for our monthly expenditures.... Thinking Thinking
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#44
they have money to build useless memorials. now is 21st century, people dont go to a park to just see some stones. they can see on internet. goes to show mentality is old school. wasting resources
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#45
11-11-2019 3:11 PM
debono said:
$500 per month is not enough for a retiree who lived alone. The estimate of S$1,379 is most likely to be enough to pay for utilities bill, transport, breakfast, lunch and dinner, property tax, membership to gym etc ...etc, if we were to add in cost of medical care, then it insufficient. At a retirees age, one is bound to fall sick, every now and then... Crying Crying

Then still need to go down to Geyland to [email protected] once in a while leh Big Grin

Got include that anot? Big Grin
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#46
7000 teens in Fooddelivery is a strong sign
All Posts are Fake News and Comments are Untrue[Image: gr0dMbF.jpg]
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#47
11-11-2019 5:21 PM
David Rasif said:
7000 teens in Fooddelivery is a strong sign

Why authority spending Taxpayers monies on education system to produce Urchins?

Its the greatest failure in our history..
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