Posted on 14 July 2016
Three thoughts you must have had.
According to a new report
, workers in Singapore have to save for retirement nine years longer compared to previous generations.
Previously, Singaporeans saved an average of 20 years, starting later at age 39.
These days, the average Singaporean starts saving for retirement at 32 and continues for another 29 years.
Despite the longer and earlier period of saving, 41 percent of current working age Singaporeans wish they had started to save earlier.
More than 38 percent have stopped saving altogether due to various difficulties.
Here are three thoughts Singaporeans have:
||“Nine years longer means Singaporeans can only retire at age 136.”
— Tui Xiu, 44-year-old semi-retired retiree
||“Older Singaporeans have other options besides retiring, namely, dying or passing away.”
— Xi Keow Kiao, 68-year-old undertaker
||“There wouldn’t be this problem at all if Singapore abolishes retirement.”
— Gan Diao Ta, 17-year-old student
Posted on 10 July 2015
As Singapore is land-scarce, please go elsewhere and die, thank you.
Singapore has issued an advisory Friday dissuading foreigners from coming to our shores from overseas just to die.
This after a non-native sperm whale died and beached itself comfortably on Jurong Island, much to the chagrin of the authorities, who now have a situation on their hands and lesser space to manoeuvre as Singapore is in dire need of more land.
One authority spokesperson, Mei You Wei, said Singapore is not an ideal destination for foreigners to come here to die as there is already a very dense population, with some members of that population sent to nursing homes in Johor Bahru to while away their remaining years: “It has come to our attention that a foreign entity has breached international boundaries and trespassed into our territory without proper authorisation.”
“Singapore has to reiterate our long-standing policy that we have a strict rule of not accepting others not from here on humanitarian grounds due to land scarcity issues.”
“The most we can do is to turn them away, so that they can readily find another destination to expire.”
At press time, it was reiterated that foreigners with money are still welcomed to Singapore.