- I remained unconvinced that the planners know the situation on the ground other than planning by statistics. In his illustration he cites a person fresh from polytechnic at the age of 25. From what I have learnt from past experience and current, polytechnic students graduate at 19 years old and then serves 2 years in the army. Usually they take the time to study in a local university or a private distance overseas university program graduating at the age of 25. How is it that a poly grad will start work with ...
I saw this video posted at SGHardTruth where Minister Tan Chuan Jin points out that with the power of compounding on the CPF, the retirement of todays youths are in a healthy shape. You can take a look at the presentation here.
A summary of his presentation as an illustration is shown below:
Here is my take:
