"They will give what they want, and take what they want. Not as if we have any say in all of this."
Vouchers For Households
But that is still appreciated by Nazli Anwari, a trainer and horticulturist. “Candy handouts. Sweet. Whatever amount I, as a senior, am happy for the small Medisave top-ups,” said the 72-year-old.
Licensed tour guide, Jasmine Adams, 64, feels that for seniors who are living on their savings, these vouchers and cash payments would be welcome gifts.
Assistance Schemes
“And for those who may not need them so much, there is always the option to share them, e.g. using CDC vouchers to give their friends a good treat.”
“I received a letter from AIC which has Silver Ambassadors to talk to the Silver generation about their healthcare needs. They did this when my parents were alive and I thought it was a great service and very informative, plus there was money subsidies for caregivers,” he adds.
The GST & CPF
“I foresee, with an across-the-board GST rise, retirees will still suffer most as rising inflation will erode any interest we earn on our CPF. The government should help those who are less savvy in investments to build their retirement nest egg in CPF."
“I don't see any improvement in my financial situation going forward, except to accept the fate that once you are not economically active, your lifestyle will decline drastically.”
