The cursed Singaporeans – part 2

Many retirees living off their pensions are in dire straits given the
galloping inflation rate over the last decades. Whatever pensions they
are receiving have been eroded to less than half their values and
dwindling further every day. They thought it was a great blessing to be
alive for so long. The truth, the longer they live, the worst their
financial position will be. Those who are lucky