atans1

“Using home to fund retirement is a delusion”

In CPF, Property on 17/07/2016 at 4:51 am

Downsizing your home to give yourself an income in retirement is unrealistic, according to the former UK pensions minister, Steve Webb.

http://www.bbc.com/news/business-36804906

Now u know why the HDB’s lease-back scheme is such a lousy deal.

Btw, don’t PAP ministers recommend downsizing or lease-back when CPF is not enough?

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