Update 1/9/2019:
- It's now my 1.5 months in my new company and everything is stabilising so I have time to blog again!
- I am now keeping net cash and not adding more positions at the moment but focusing on savings.
KC have had some feedback that he is quite "Lor-so" (Slang "Long-winded") and it is difficult to read for some readers. Going forward, KC will definitely try go as to point as possible and to explore telling visual stories through short comics or picture. Sorry this will still be a long article.
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TL;DR Summary
1. Many Singaporeans probably do not have enough to retire. Whose responsibility is it?
2. Retirement age and Re-employment age is increased as with CPF contributions for older workers to help to bridge that gap.
3. The possible "backfires" to the policy changes: Unwilling employers and unwilling employees. How will the government convince them otherwise? We won't know the effects till years later.
4. CPF's
4.5
0.5