Quote:
Originally Posted by chubbybastard
Because at the end of the day, retirement of citizens to a country is not a good thing. Esp when there is alot like in aging population SG. The country not only lose productivity, labour they also need to foot the healthcare bill for elderly through subsidised med and gov hospitals. So countries try their best not to allow too many citizens to retire.
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True la, but maybe the key is to redefine retirement- that ppl can still be contributing but don't need to chiong so hard just for survival. At least that's my own goal for now, trying to spend lesser or within budget.
The government should aim to move to that level, closer to the Scandinavian countries model