Retirement, any takers?

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#41
(23-07-2013, 02:48 PM)Gaudente Wrote:
(21-07-2013, 11:18 PM)sgd Wrote: I think the best optimum age to go is at 70. Why anybody "wish" for a life longer than that is beyond me.
Just wait to be 69 and you will get it Rolleyes

I sometimes visit some elderly people to cheer them up and listen to their story.

Many are not homeless or hopeless cases they have large families and have financial means but still end up in a home, others have many health problems like diabetes, cancer and their lives every day follow a routine of taking medicine and going for treatment until they die and quite many are in 60's 70's. And once they end up in a home it's very hard to leave, like cabin fever elderly people there get frustrated quarrels and fights erupt and people get sent off to isolation room like prison movies you see on TV. I find it's quite pointless to have spend your old age going for treatment endlessly. Things like organs really start to break down in your 70's

I have learnt several things from associating with them.

The most terrible is being alone in your old age with no one to confide your sorrows to.

When you are young better take good care of your health. When people start to have money they tend to enjoy good life some are even quite excessive, all these will slowly cumulatively over many years create huge health problems for you later on in your old age. Food and drink especially.

Lastly I think having several million in your 70's is rather pointless, you cannot enjoy it without affecting your health and all it does is makes a lot of doctors happy.
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#42
Oh dear! i think many of us going to land in old folks home. Because of the stop at two policy in the past and the "self imposed" stop at one or two policy now because of ever higher and higher costs of living.
And the worst case is landed in old folks home in JB and not Sinkapore. AS COW has recommended once upon a time in the past.
And yes even money is not the problem, do your children have time for you?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#43
good reminder.
just need to spend more time with them NOW instead of later law.
Live with Passion, Lead with Compassion
2013-06-16
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#44
(23-07-2013, 10:27 PM)Temperament Wrote: Oh dear! i think many of us going to land in old folks home. Because of the stop at two policy in the past and the "self imposed" stop at one or two policy now because of ever higher and higher costs of living.
And the worst case is landed in old folks home in JB and not Sinkapore. AS COW has recommended once upon a time in the past.
And yes even money is not the problem, do your children have time for you?
i found myself a old folk home affordable nice recuperating therapuetic type not in sg nor my..somewhere facing the oceanic
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#45
(24-07-2013, 09:34 AM)pianist Wrote:
(23-07-2013, 10:27 PM)Temperament Wrote: Oh dear! i think many of us going to land in old folks home. Because of the stop at two policy in the past and the "self imposed" stop at one or two policy now because of ever higher and higher costs of living.
And the worst case is landed in old folks home in JB and not Sinkapore. AS COW has recommended once upon a time in the past.
And yes even money is not the problem, do your children have time for you?
i found myself a old folk home affordable nice recuperating therapuetic type not in sg nor my..somewhere facing the oceanic
Ha! Ha!
Enjoy yourself then. Then......???
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#46
(24-07-2013, 09:34 AM)pianist Wrote:
(23-07-2013, 10:27 PM)Temperament Wrote: Oh dear! i think many of us going to land in old folks home. Because of the stop at two policy in the past and the "self imposed" stop at one or two policy now because of ever higher and higher costs of living.
And the worst case is landed in old folks home in JB and not Sinkapore. AS COW has recommended once upon a time in the past.
And yes even money is not the problem, do your children have time for you?
i found myself a old folk home affordable nice recuperating therapuetic type not in sg nor my..somewhere facing the oceanic

California? Smile
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#47
(24-07-2013, 01:15 PM)Temperament Wrote:
(24-07-2013, 09:34 AM)pianist Wrote:
(23-07-2013, 10:27 PM)Temperament Wrote: Oh dear! i think many of us going to land in old folks home. Because of the stop at two policy in the past and the "self imposed" stop at one or two policy now because of ever higher and higher costs of living.
And the worst case is landed in old folks home in JB and not Sinkapore. AS COW has recommended once upon a time in the past.
And yes even money is not the problem, do your children have time for you?
i found myself a old folk home affordable nice recuperating therapuetic type not in sg nor my..somewhere facing the oceanic
Ha! Ha!
Enjoy yourself then. Then......???
ya will enjoy it after i stopped working or retire..
now still so young, got to contribute to society first
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#48
I think i am better off retiring somewhere out of Singapore. Hopefully with some money when the time for retirement comes. I wish to find a place where i can enjoy the company of my wife, do some painting or grow some vegetables. I don't think i want to burden my children. I see some good news and bad news on how children treat their old parents. pretty scary i must say. Better to think of myself first, anything else is a bonus!
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#49
Anybody gng Perth to retire? Must hv a gang, else dun hv kakis to la kopi n tok abt stocks Smile
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#50
Just a thought.

With internet technology, we can actually do our research online, trade online and pay online. In this case, we can actually retire to anywhere with internet connection.

In such a case, if we are trading thru a Sg acct, do we have to incur capital tax in some of the countries?
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