Career & Education
Statutory retirement age changes
By Rainbow Coin  •  August 19, 2019
"Prime Minister Lee Hsien Loong said on Sunday (Aug 18) that these changes, which were recommended by a tripartite workgroup and accepted in full by the Government, "will support older workers to continue working longer and to be more financially independent". He announced at the National Day Rally that the statutory retirement age will go up to 63 in 2022, and eventually to 65 by 2030. The re-employment age will also go up from 67 now to 68 in 2022, and eventually to 70 by 2030."
活到老,做到老? Would the future silver generations have the mental and physical health to do so?  Statutory retirement age going up but trending 'dream' retirement age going down. Younger generations hoping to be FIRE (financial independent and retire early). Which social norm would prevail come 2030? Hmm... we ponder.
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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