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	<title>Salary.sg - Your Salary in Singapore &#187; Retirement</title>
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	<link>http://www.salary.sg</link>
	<description>All about Income, Jobs, Career, and Investment in Singapore</description>
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		<title>31% Hit Medisave Contribution Ceiling Before 33</title>
		<link>http://www.salary.sg/2010/31-hit-medisave-contribution-ceiling-before-33/</link>
		<comments>http://www.salary.sg/2010/31-hit-medisave-contribution-ceiling-before-33/#comments</comments>
		<pubDate>Tue, 22 Jun 2010 03:55:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Other Money Matters]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/?p=534</guid>
		<description><![CDATA[In a recently concluded Salary.sg poll, 31% of the respondents indicated that their medisave balance reached the prevailing medisave contribution ceiling before they were 33 years old. Are you one of them?
Once your medisave balance hits the MCC, the excess will be transferred to your Special Account.
How soon you hit the MCC is an indirect reflection [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2010/31-hit-medisave-contribution-ceiling-before-33/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>CPF Minimum Sum Now $123k &#8211; Buying a 2nd Property?</title>
		<link>http://www.salary.sg/2010/cpf-minimum-sum-now-123k-buying-a-2nd-property/</link>
		<comments>http://www.salary.sg/2010/cpf-minimum-sum-now-123k-buying-a-2nd-property/#comments</comments>
		<pubDate>Fri, 14 May 2010 08:50:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Other Money Matters]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/?p=508</guid>
		<description><![CDATA[The prevailing CPF Minimum Sum will be increased to $123,000 effective 1 July 2010 (source: Straits Times). This is a $6k increase from the previous $117,000.
If you are thinking of using CPF to pay for a second property, you will need to set aside half of the prevailing Minimum Sum. This amount is currently $58,500, [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2010/cpf-minimum-sum-now-123k-buying-a-2nd-property/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>CPF Restored &#8211; $22.50 More In Medisave Account</title>
		<link>http://www.salary.sg/2010/cpf-restored-22-50-more-in-medisave-account/</link>
		<comments>http://www.salary.sg/2010/cpf-restored-22-50-more-in-medisave-account/#comments</comments>
		<pubDate>Wed, 05 May 2010 14:45:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/?p=503</guid>
		<description><![CDATA[The government has announced that the employer CPF contribution rate will be increased by 1%.
From 1st September this year, your employer will pay an additional 0.5% to your Medisave Account. If you earn more than $4,500, you will get exactly $22.50 more. This is because CPF contributions are calculated based on the cap of $4,500.
However, [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2010/cpf-restored-22-50-more-in-medisave-account/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Compare Your CPF Special Account Balance</title>
		<link>http://www.salary.sg/2010/compare-your-cpf-special-account-balance/</link>
		<comments>http://www.salary.sg/2010/compare-your-cpf-special-account-balance/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 15:12:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/?p=420</guid>
		<description><![CDATA[If you have been working for some years, you should have a rather significant amount of money in your CPF Special Account.
The savings in your CPF SA currently still earn a 4% interest rate, totally risk free. There&#8217;s also an additional 1% interest paid to the first $60k of OA+SA.
The interest is high enough to [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2010/compare-your-cpf-special-account-balance/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>What&#8217;s not good about Supplementary Retirement Scheme (SRS)</title>
		<link>http://www.salary.sg/2009/whats-not-good-about-supplementary-retirement-scheme-srs/</link>
		<comments>http://www.salary.sg/2009/whats-not-good-about-supplementary-retirement-scheme-srs/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 12:45:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/?p=349</guid>
		<description><![CDATA[At first glance, the Supplementary Retirement Scheme (SRS) appears to be a very good deal. But after a simple analysis, we will know why it is not the case.
As illustrated in today&#8217;s Sunday Times (see similar example in Finatiq), a contribution of $11,475 to your SRS account brings about a tax saving of $1,096. This [...]]]></description>
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		<slash:comments>29</slash:comments>
		</item>
		<item>
		<title>The Wrong and Right Way to Invest: Wheelock CEO</title>
		<link>http://www.salary.sg/2009/the-wrong-and-right-way-to-invest-wheelock-ceo/</link>
		<comments>http://www.salary.sg/2009/the-wrong-and-right-way-to-invest-wheelock-ceo/#comments</comments>
		<pubDate>Sat, 04 Jul 2009 12:13:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/2009/the-wrong-and-right-way-to-invest-wheelock-ceo/</guid>
		<description><![CDATA[Once in a while you get these great gems from reading the papers. In a Business Times interview, David Lawrence practically whacked the greedy banks and at the same time dished out an excellent investment advice. It&#8217;s never been so clear.
In the words of the Wheelock Properties CEO,
&#8220;A lot of this crap was sold by [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2009/the-wrong-and-right-way-to-invest-wheelock-ceo/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Launch of Salary.sg Forums</title>
		<link>http://www.salary.sg/2009/launch-of-salarysg-forums/</link>
		<comments>http://www.salary.sg/2009/launch-of-salarysg-forums/#comments</comments>
		<pubDate>Fri, 12 Jun 2009 04:57:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Income]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Net Worth]]></category>
		<category><![CDATA[Other Money Matters]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/2009/launch-of-salarysg-forums/</guid>
		<description><![CDATA[We have launched Salary.sg Forums.
Now you can discuss salary, job, career and investment matters in a user-friendly forum format.
Powered by vBulletin &#8211; which is the most popular forum engine among top discussion forums worldwide &#8211; you can now view well organized threads of discussions and reply directly to a particular thread or post that is [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2009/launch-of-salarysg-forums/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Retire when I am about to Kick Bucket?</title>
		<link>http://www.salary.sg/2009/retire-when-i-am-about-to-kick-bucket/</link>
		<comments>http://www.salary.sg/2009/retire-when-i-am-about-to-kick-bucket/#comments</comments>
		<pubDate>Sat, 10 Jan 2009 06:55:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/2009/retire-when-i-am-about-to-kick-bucket/</guid>
		<description><![CDATA[Same survey, but different headlines.
I thought I heard over TV news that two-thirds of those surveyed are NOT willing to work beyond 65 years old.
Then, in printed and online news today, the headlines are &#8220;Baby boomers are not ready to call it a day&#8221; (BT) and &#8220;Survey shows 3 in 10 expect to retire at [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2009/retire-when-i-am-about-to-kick-bucket/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Is your Net Wealth 300k?</title>
		<link>http://www.salary.sg/2008/is-your-net-wealth-300k/</link>
		<comments>http://www.salary.sg/2008/is-your-net-wealth-300k/#comments</comments>
		<pubDate>Sun, 23 Nov 2008 06:25:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Net Worth]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/2008/is-your-net-wealth-300k/</guid>
		<description><![CDATA[The average household has a net wealth of $710,400, says an interesting article in New Paper on Sunday.
&#8220;Total Assets: $859,970
Currency &#38; Deposits $157,930
Shares &#38; Securities $120,360
Life Insurance Equity $76,820
CPF/Pension Funds $119,930
Residential Property $384,920
Total Liabilities: $149,570
Mortgage Loans $110,390
Personal Loans $39,180
Net Wealth: $710,400&#8220;
But that figure applies to the average household. What about the average person?
To keep things [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2008/is-your-net-wealth-300k/feed/</wfw:commentRss>
		<slash:comments>12</slash:comments>
		</item>
		<item>
		<title>Case Study 5 &#8211; Shrewd Millionaire Employee</title>
		<link>http://www.salary.sg/2008/case-study-5-shrewd-millionaire-employee/</link>
		<comments>http://www.salary.sg/2008/case-study-5-shrewd-millionaire-employee/#comments</comments>
		<pubDate>Fri, 30 May 2008 06:23:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Net Worth]]></category>
		<category><![CDATA[Other Money Matters]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://www.salary.sg/2008/case-study-5-shrewd-millionaire-employee/</guid>
		<description><![CDATA[A reader called &#8220;whizzard&#8221; generously shares his experience in getting rich.
&#8220;I was pretty careful in the way I spent money and diverted much of what I had left over into investments &#8230; My friends were having a ball, wining, dining and holidaying&#8221;
Read his story here. Thanks, whizzard!
[Edit: for more words of wisdom from whizzard, see [...]]]></description>
		<wfw:commentRss>http://www.salary.sg/2008/case-study-5-shrewd-millionaire-employee/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
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