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Relying on CPF Alone Not Enough for Retirement...

Written by Dennis Ng on .

日期: 06/04/2010 新闻来源: 新明日报

记者: 郑凯文 ·

研究显示:国人公积金大部分花在住屋 退休金不够用

一项博士生研究显示,国人公积金大部分花在住屋,老人退休金不够用。(图/档案照)

 
本地一名博士生,日前在一项乐龄研讨会上说,本地人把大部分的公积金存款用在住屋上,当他们退休时,每月可以提取出来花费的公积金款项,最多只有退休前薪水的26%,根本不够用。
但是,出席研讨会的社青体部部长维文医生却不同意这个说法。他说,大家应该把房产计算在内,因为房子是可以出租、出售来套现的。
这名正在伦敦经济学院修读博士学位的本地学生做了一项研究,发现新加坡人每年把68%的公积金存款用在住屋上、18%在医药上,只剩下14%留给退休。
当他们到65岁退休后,每月可以从公积金提出来花的钱,只有退休前月薪的8%至26%,根本不够用。

Rising Inflation? Harry Dent predicts Great Depression Ahead instead...

Written by Dennis Ng on .

What might happen in the next few years? In my opinion, there is a possibility of rising inflation, which is why I have 6% of my wealth invested into Gold and Silver. 

When inflation rate rises, ALL Real Assets would go up, eg. Oil, Commodities, including Gold and Silver.... 

However, there is one author Harry S. Dent, JR, who wrote a Book "The Great Depression Ahead", he actually opined that what is likely to happen is a Great Depression (similar to Great Depression in the 1930s rather than high inflation.

Singapore Property Market Outlook, likely to go Up or Down?

Written by Dennis Ng on .

I just checked the latest info compiled by URA in 4Q 2009.

The link is here: http://www.ura.gov.sg/realEstateWeb/realEstate/pageflow/supply/submitSearch1.do

Year 2010 expected to have 7,584 private property units completed. 

Year 2011 about 9,196.

The main increase in Supply is in year 2012 and year 2013, at 13,246 and 15,492 respectively. In year 2014, the number falls to 9,049.

Thus, based on the numbers, it would appear that year 2010 we are still likely to see Supply insufficient to meet Demand, thereby causing an "upward pressure" on Prices.