Singapore's population is aging fast, and the need for long-term care solutions is more urgent than ever. While the government’s CareShield Life scheme offers basic protection, the question remains: is it enough?CareShield Life is a mandatory nationa ...
If you’re short on time, here’s the key takeaway:Let your investments recover—don’t sell in panic.Shift some funds to safer income streams like CPF LIFE or annuities.Keep a strong emergency fund to avoid selling investments at a loss.Retirement is a ...
Mental health care is crucial, and therapy often serves as a critical step in managing and treating mental health conditions. However, for many individuals, the high cost of therapy remains a significant barrier. The increasing demand for mental heal ...
An emergency fund is often hailed as the cornerstone of financial security—a buffer against life's unpredictable challenges. Traditional financial wisdom suggests setting aside three to six months' worth of living expenses to cover unforeseen events ...
Singapore is a fantastic place to live, but let’s face it — the cost of living isn’t getting any cheaper. One area that often sneaks up on people is healthcare. Whether you're in your 30s or 40s, navigating the rising cost of medical care can feel ov ...
Have you reviewed your CPF retirement plans lately? If not, now is the perfect time to do so—especially if you're in your 30s like I am. Retirement might feel like it's far off, but preparing for it today can make all the difference in how comfortabl ...
You know that feeling when you get that dreaded SMS from IRAS? Yup, it’s tax season—and the taxman’s here to collect.But here’s the good news: While paying taxes is part of life, there are legal and smart ways to reduce how much you actually pay. Whe ...
Singaporeans can expect continued growth in their CPF savings as the Central Provident Fund (CPF) Board and Housing Board announced on March 12 that extra interest rates will remain unchanged for the second quarter of 2025. This initiative is part of ...
Planning for retirement is crucial, and beyond CPF, there’s another option available: the Supplementary Retirement Scheme (SRS). Unlike CPF, which is mandatory, SRS is entirely voluntary and comes with attractive tax benefits. However, it’s not a one ...
Receiving an annual bonus is a well-earned reward for your hard work, but how you use it can significantly impact your financial future. While it’s tempting to splurge on travel, gadgets, or luxury items, a strategic approach can turn this extra cash ...
