Over the weekend, a protest was held at Hong Lim Park where several speakers spoke out about the increase in our CPF Minimum Sum. Currently, the CPF Minimum Sum is at $155,000, up from $148,000 in 2013.

The original Minimum Sum was $80,000 when it was first introduced in 2003.

But how would life be like without the Minimum Sum Scheme? And what would 65-year-old retirees today do with a lump sum of $155,000 in their pockets?

Here are 20 brilliant ideas:

1. Start a hipster cafe

What is more hipster than a young person trying to be a hipster? An old hipster.

By being old and starting a hipster cafe, the young ones will lap it up even more as your cafe is filled with your own belongings, which really are old retro things.

2. Get a Volkswagon Golf or Hyundai Veloster

What's the best way to slow down ageing?

Well, drive fast. Physics has shown that the faster you travel, the more time slows down.

Therefore, a $155,000 car is the antidote to a longer life.

These are probably the fastest cars you can get in Singapore today with $155,000.

3. Invest in Bitcoins

As recent as 2011, USD$1 could get you one Bitcoin. Today, one Bitcoin costs anywhere between USD$440 to USD$630. Imagine if you cashed in on $155,000 worth of Bitcoins in 2011, you would have been a multi-millionaire today!

4. Donate to Roy Ngerng

Although his lawyer fees are more or less settled, we are not sure if he is going to have to pay for damages to PM or at least PM's lawyer fees.

He may need to do another round of crowdsourcing for funds and it will be your chance to come up with creative names for your bank transfer.

5. Write something libelous on your blog

Felt that you could've done it with more style and flair? You can always say something grossly libelous because now you have the funds to hire a good lawyer to defend you.

6. Travel around the world

You could have an epic trip around the world, but we're not sure whether you want to come back to Singapore when you're broke.

7. Round up 10 retirees to co-invest in a condo and rent out on AirBnB

Can't buy a condominium unit for $155,000? Just round up 10 retirees and you can buy a nice unit to rent out individual rooms at AirBnB.

Check out some of these choice AirBnB units which HDB/ URA hasn't confiscated yet.

8. Get to meet Jessica Simpson, Jason Mraz or Alannis Morissette in person

For just USD$150k+, He's Yours.

According to Priceconomics, these are just some of the artists you can hire for a one-act performance.

Talk about kick-starting your retirement with a bang! Unfortunately, if you want to impress your granddaughter with Justin Bieber it would cost you upwards of USD$1m.

9. Several overseas-ordered brides

You hear about how some foreign women have been approaching retired uncles at Chinatown and targeting them.

Some of these uncles would be swindled of their CPF money trying to please these women. Well, there are several marriage agencies here which are offering foreign brides for an administrative fee of $10,000 and up. That would give these retirees several tries at a new leash of life.

10. Ridiculously expensive wine

There are only 12 bottles of this Penfolds 2004 Block 42 Cabernet Sauvignon in the world. The wine is encased in a special glass ampoule. When you ever decide to open it for a sip, Penfolds will send a senior member of their wine-making team to wherever you are in the world to open the bottle for you and give you a wine-tasting masterclass on how to enjoy your ridiculously expensive grape juice.

It costs only USD$168,000. Quite a steal.

11. Invest in art

Can you guess which art piece costs USD$100 and which fetched USD$144,345? Neither could we, but that doesn't mean investing in art is not a viable option to fund your retirement.

The painting on the right was the more expensive of the two. More interesting comparisons between art pieces above $100,000 and $100 here.

12. Start a church

It could make you really rich, erm, spiritually. You could fund a singer or a magician.

13. Semi-retire in Phuket

Maybe you could have a beach shack selling ice cold beers to tourists. As long as you don't mind having to pick up a new language and experience another two to three military coups in your lifetime.

14. Become a licensed moneylender

You could also help your fellow retirees fulfill their retirement dreams while funding your own retirement concurrently. Some retirees who buy fast cars soon realise that petrol, ERP, road tax and car insurance are things they did not factor into their budget. You could help them out at the low annual interest of 2.6 per cent -- still better than CPF!

15. Self-publish your own memoir

Because if you get popular, you can have a follow-up book "Hard Truths To Keep Retirees Going".

16. Record your own album

If you can't do "China Wine", you could at least do "Singapore Teh-Si".

17. Bet on World Cup

The odds for Brazil taking the World Cup this year are pretty high. If kena claypot you can always approach other retiree moneylenders for your retirement.

18. Plate your toilet in gold

Because $155,000 is less than peanuts.

19. Retire in JB

Bigger houses, cheaper food and more laid back, the only thing you need to do is to come back to Singapore every few months to "chop" your passport.

In fact we had 15 reasons why we can consider having a second home in Malaysia.

20. Attend Le Cordon Bleu

We hear it costs about $15,500 a week back in 2009 for cooking lessons at Le Cordon Bleu. You could come back and open a Michelin Star-worthy hawker stall with the leftover money.

Top image from here.

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