First of all, what is retirement planning? Retirement Planning is the process that assists individuals to become financially secure at retirement to live at a desired comfort level without the need for employment income. In this first series of the 10 part series, we will discuss why is it important to plan for your retirement. […]
Blog Archives
Retirement funding
Retirement Funding With immediate needs and financial commitments such as purchasing a home and getting married taking precedence, Singaporeans often defer planning for retirement. According to a survey conducted in 2006, only 1 in 10 Singaporeans actively saved for retirement. CPF is insufficient for your retirement needs Many people have the misconception that their CPF savings […]
Singaporeans unclear about retirement income: survey
By ZEINAB YUSUF MOST Singaporeans — as in elsewhere — are clueless about what their retirement income will look like, a recent survey by HSBC revealed. Released yesterday, the fifth annual Future of Retirement study, It’s Time to Prepare, questioned 15,000 people in 15 countries and found that 91 per cent of people here do […]