Are Singaporeans swimming in boiling water?

Recently, there were 2 reports – one from Prudential Insurance and another from OCBC Bank – that make for some very insightful reading.

In the report commissioned by Prudential, it was revealed that Singaporeans are living longer lives on average, even longer than the Japanese by 6 months.

Yet, many Singaporeans will spend their later years in ill-health and struggle with huge healthcare costs. Longevity is not a blessing but a curse if one spends and suffers his or her later years in ill-health, incurring huge financial burden upon themselves and their families.

What is even worse in our situation is that we are a fast aging population with the number of over-65s being more than our under-15s. Also, many elderly citizens do not have children whom they can depend upon – the report went further to say that more than half of Singaporeans over 60 suffer from more than 1 chronic condition and a rising number will fall into this category of “multi-morbidity”.

Next, let’s look at what the OCBC Bank’s Financial Wellness Index Survey has to say. On average, young Singaporeans save about 26% of their salaries but nonetheless still are ill-equipped for retirement. More than half of our young sandwiched generation find it hard supporting their parents and children at the same time.

It is a failure that this PAP government has turned a blind eye to for the longest time and its repercussions will spread far and wide. At the end of the day, the hard truth is that many, many Singaporeans are swimming in boiling water and I hope that they can now see the utter uselessness and incompetency of the current PAP government.

 

Simon Lim

 

 

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18 Responses to “Are Singaporeans swimming in boiling water?”

  • Time for Change:

    Looking at those small power retailers that can even be more efficient, much cheaper than the PM’s wife run SP power, I scratch my head as to why am I voting for?? Maybe I should vote for the small retailers instead.

    Looking at those old women collecting cardboard just to survive daily meals, man, it must be back-aching, leg-aching at their old age.

    Sad states of affairs. No, they don’t care and the Public Clinic subsidies are deceiving. Then the question is why I need them for?

    Time for Change. For his mother, for their mother, for my fellow countrymen, I do my part at the coming GE.

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  • how can lah?:

    How can they be swimming. Really sickenly, berra chan moron sin yelp he would have to get facebook to threaten if not die, increse heat afterall they have yo pay 6%more. SIN daft r so happy to hear pimps A prostituted tellinhg tjem to go heaven first to pay more n donate more to give these plps pnp more bonus n benefits n off course if these extra dols r our benefits they r our money so the big Adm lp said not wrong why they paid airfare first class on business, pay their foreign bodyguards, pay their hospital bill no believe ask peanut hubby woody just got his tibes poke tjru n now free to pay his trip to visit his clever daug marrying angmoh no need to get green card pink card or black card to jaboh to be queen man loog came with gorrilla to throw him out. See you do charit. pap sabe more money to pzy cabin masters n mistresses more bonus from no need to pay charity. Can employ mre plps as cabon boys n mahjong partner to play while daft sin kpkb no one in parliament. See sure pap n plp will go on for another 50 y Stupid not dove but daft stupin sinkaboroh

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  • patriot of TUMASIK:

    The PAP is more CONCERN on how to keep the Dynasty and the bast**d’s LEEgacy alive through an Idiotic son and his Grey Donkeys…

    The LEEgacy has enough for 5 generations living in luxury and they want more and all the Cronies and Kaki Lan are hanging on for the Goodies…

    DESTROY the Dynasty and the LEEgacy along with it and we may see some help for PG and now MG…

    as for the FTs they can go F…k a spider…they won’t be around when the Chips are DOWN!!!

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  • opposition dude:

    Singaporeans are actually swimming in lava if you ask me. Hot boiling water isn’t quite hot enough for them.

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  • UniQ:

    Boh Tai Chi,

    Mua and Cronies, pockets full full. What Sandwich Gen ? I only know about St Regis Sandwich, nice and not expensive $43++.

    Nothing to complain about as long as willing Sinkies keep paying. Where got problem ? Cannot expect us running the nation to suffer right ? How would other leaders look at us ? Buying from Hawker Centers with Flash Lights shuttering were just my wayang. You mean you guys took it for real ? Haahaa….

    Aiyah, like that not my fault, you trusted our sweet talk and nice chicken rice packets and $2 ang pows right ? who to blame right ?

    Willing giver, Willing takers.

    Welcome to the real world.

    人不为己,天诛地灭

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  • rukidding:

    The earlier their “demise”….the “merrier” everyone becomes !

    Whats the use of having a Pimp and prostitutes, ( P.a.p. ) to “govern” Us ?

    All the $$$$ and Power are theirs and Not yours …right ?

    Silly ,…sillyporeans….sex slaves indeed !

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  • TruBlu:

    ‘SWIMMING’ still?
    many have oredy been drowned and not a few,buried?

    WHO TRHIVE in $IN CITY,who exactLY?

    TIME TO CHANGE,TIME FOR CHANGE.

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  • lee hsien loong Hypocrite:

    Actually the worse 70% sheep become the better the chance to topple clown pap.

    After all the elephant in the room are clown and his S$m gang of parleeement approved lying thieves.

    Nothing can remove them from their ownself pay ownself S$m appointments. Only greatly suffering 70% sheep can do the job.

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  • Jim:

    Simon, they have slumbered for too long and now have a house that is crumbling. Full of rot and stinking smell.

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  • Devil David:

    Waiter!
    I want to order a frog soup called Boh Bian Frog soup.

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  • Harder Truths:

    Why should this matter to the government?
    It is not their problem they say.
    We are responsible for our welfare or our family is – depending on how filial they are.
    If not – well – we die our business.

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  • Mentoring lesser mortals:

    Q: What do you call the frog who boh-pian in boiling water?
    Singaporean.

    Q: Why did the frog make so many mistakes?
    Because it jumped to the wrong conclusions.

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  • NotMyProblem:

    @Simon; I some time doubt if the 70% even know that they are in water, deep water, let alone in boiling water!

    With so many degree holders, I still sceptical about the intelligence of our Singaporeans ability to think. Unlike Malaysian, with lesser degree holders by percentage.

    Let’s see how this GE result.

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  • pap liars and chief liar:

    NotMyProblem:
    @Simon; I some time doubt if the 70% even know that they are in water, deep water, let alone in boiling water!

    With so many degree holders, I still sceptical about the intelligence of our Singaporeans ability to think. Unlike Malaysian, with lesser degree holders by percentage.

    Let’s see how this GE result.

    the Singapore educated from local Us, fake news ranked very high in the world, all kenna BS’ed by the fake news ranking.

    that is why many NUS NTU SMU drive grab or shake at home. whereas ceca ah neh fake degrees all full time jobs in Singapore.

    ceca ah neh fake degrees can full time job in Singapore and degrees NUS NTU SMU only drive grab or shake at home, then no brainer NUS NTU SMU world rankings all fake news.

    pap can argue cannot eat degree. but NUS NTU SMU rank so high, higher even than King’s college london, University college london, yet ceca ah neh fake degrees can full time job but NUS NTU SMU degrees only drive grab or shake at home, then, somebody is lying.

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  • PAP CMI:

    Insurance jin ho tan. No capital needed. Just ask agents to chiak their friends and relatives. Cantonese saying:”wan pun” (literal translation : find stupid)

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  • SIstic CMI:

    Was at 313 to buy tickets from sistic. The FT baldie pretend not to hear or understand what I’m saying. Stupid fool should go back to own country. The locals at least are quicker on their feet and also quicker ar handling aa tansaction. Sistic want to charge higher booking fees but provide abysmal standards. No way.

    pap liars and chief liar: the Singapore educated from local Us, fake news ranked very high in the world, all kenna BS’ed by the fake news ranking.

    that is why many NUS NTU SMU drive grab or shake at home. whereas ceca ah neh fake degrees all full time jobs in Singapore.

    ceca ah neh fake degrees can full time job in Singapore and degrees NUS NTU SMU only drive grab or shake at home, then no brainer NUS NTU SMU world rankings all fake news.

    pap can argue cannot eat degree. but NUS NTU SMU rank so high, higher even than King’s college london, University college london, yet ceca ah neh fake degrees can full time job but NUS NTU SMU degrees only drive grab or shake at home, then, somebody is lying.

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  • TruBlu:

    @sistic cmi

    Well,FTs are getting arrogant.
    Blame ALL THE WRONG SIGNALLING these aliens are receiving…

    Was at DIN TAI FUNG @112(KATONG)with some old class mates.
    Mostly Indian FTs n Angmohs with their families.
    Sgs all go to *eat grass*; some even *eat sand*???

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  • Straight "A"s Marlboro Tan:

    rest assured all this problems will be covered up and UN is smoked big time . 70% loves this..

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