How Much Do You Need to Retire? (SCROLL BELOW TO SEE A SAMPLE RETIREMENT PLAN) ____________________________________________________________________________ Above is a general table to estimate your expected monthly expenses and the amount to save by then. Assumptions • Retirement age is 65 years old. • Retirement income to last for 20 years. • Return on investment during retirement is 4% […]
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Save for retirement, S’poreans urged
Sunday Times Singapore, 27 Jun, 2010, Sunday Save for retirement, S’poreans urged Shuli Sudderuddin Can the Central Provident Fund (CPF) monthly income in your retirement years equal your last-drawn salary? Some people think so. While the majority of Singaporeans correctly expected CPF to provide a modest standard of living in their retirement, 42 per cent assumed […]
The Importance of Retirement Planning Series 1
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. […]