AMA SG Young Investment
Asked by Anonymous
Asked on 10 Sep 2018
Curious to know what countries people are keen to retire in who was born in Singapore and educated here as well.
The grass always look greener on the other side. Seriously, Singapore is not my dream country for retirement due to escalating costs of living. However, since I am born in Singapore, do I have a choice?
My dream would be Australia or Indonesia.
Australia or NZ as both consider as an upgrade of lifestyle.
Australia - Great weather and scenery , healthy food eating culture. Good economy and medical facilities. Good University for grown up kid.
NZ - Most beautiful country with best scenery same as Switzerland. Real work life and friendly country. Slightly lower by few cents currency as SGD so no lost of retirement funds. Friendly people all around. Great 4 season weather.
Dream to retire in Canada/Australia but ultimately, I know that I'll stay put in Singapore because this is where I grew up and all of my family and friends are here as well.
Singapore Families are all here. Home Truly. Culture is good. Safe. Food is Good. Retirement plans are all focused in Sg.
That's about it ba.
Here is home, so I'll retire here. Feel secure here as well. Though I'll forsee myself shuttling up to Japan often to explore
Australia! maybe stay in the country side, have a garden, vineyard, drink wine and eat honey. Smell the fresh air!
Singapore because of friends and family
no it’s not cheap but it is home truely
Many people say its too stressful to retire in SG but still its hard to leave our love ones here too. I would choose Singapore solely because my family and friends are here.
For me, that would be SINGAPORE!!
While most people will likely mention other countries like Thailand or Malaysia, the fact is that most Singaporean do retire in Singapore, by choice. I believe this is because we have all gotten to the way things work in this country, safety, and relatively low cost of living! Yes, if you are ok with hawker food, public transport and public housing, Singapore is inexpensive compared to most other countries. We are voted by EIU to be the most expensive city in the world, based on a lifestyle that no local lives. Even in country like China their basic meal can be RMB 20, for a person earning average income of RMB 4000/month, our basic meal can be as low as SGD 3, for an average guy earning SGD 4000/month. We should not complain.