Career & Education
Will I be working till 67 (raised re-employment age)?
By Retirement Noob  •  September 5, 2015
Singapore's Prime Minister Lee Hsien Loong mentioned in this year's National Day Rally that the re-employment age will be raised from 65 to 67 by 2017. "Many people who are in their 60s want to work longer. They say, “If I sit at home and do nothing, I will go ga-ga. Furthermore, my wife will tell me to go and do something about it." So we raised the re-employment age to 65 three years ago. And the unions and workers were very happy. I think the employers have accepted it. They are adjusting to it and starting to benefit from it. It’s still too early to judge but so far, it seems to be working well.   From the workers’ point of view, 65 may be too early to stop work. Workers want us to raise the re-employment age and they want to keep working for as ......
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By Retirement Noob
This blog is all about my journey towards my goal for retirement. Living in Singapore has its merit, but it comes at a price of worrying about our retirement. My ultimate goal is to build passive income which will allow me to retain my lifestyle even after I have retired. This blog will hopefully document the growth of my investment portfolio and share with others that it is possible to be a Millionaire with a middle-income salary.
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