Nobody looks forward to getting sick and needing medical care in a hospital. The only thing on your mind is getting better and back to full health when it takes a toll on your body. During this moment, though, another important issue arises: the bill ...
How Do You Retire Early?
Many people's ultimate goal in life is to retire early. It means having the option of continuing to work past the age of mandatory retirement. In Singapore, if you want to retire legally, you need to be at least 63 years old. Planning ahead and bein ...
How Much Cash Should Be Kept On Hand For Emergency Fund?
The comfort that comes from knowing you have enough money to get by when life throws you a curveball is immeasurable.That's why it's crucial to have some money set aside in case of an unexpected expense. In the event of an unexpected financial setbac ...
Things To Think About When Purchasing A Second Home
Inflation has been in the spotlight for weeks, and more rate hikes are expected in the coming months. If you've been thinking about buying a second home, it might be a good time to start planning for it now, since a rise in interest rates could lead ...
How To Increase Your Wealth: 6 Different Income Streams You Can Develop
You may have noticed prices rising in Singapore unless you've been living in a hut in the Mandai forests and growing your own food. The Consumer Price Index (CPI), which measures overall inflation in Singapore, increased to 7.5% year over year (y-o-y ...
The Unseen Costs of Providing Family Care
Most Asian families are extended, where people live together with their parents and grandparents. However, as we live with our parents, we may notice that they also age alongside us.So, eventually, we may have to shoulder the expense of caring for bo ...
Here Are Five Considerations When Purchasing A Critical Illness Policy
Obtaining a critical illness insurance policy in Singapore is a significant step in filling in any gaps in your current insurance coverage.The Life Insurance Association of Singapore (LIA) reports an 80% critical illness protection gap and a 23% mort ...
Assisting Parents With Their Retirement
Planning one's finances, especially if they have an impact on one's dependents, may be a challenging task. Those who are financially reliant on you are called "dependents," and they can be either your children or your parents. You're part of the sand ...
Is It Sufficient To Have Critical Illness Coverage If You’re At A Late Stage Of The Disease
The dreadful reality of being diagnosed with Critical Illness is something we hope no one ever has to face. It's not only stressful on your health, but can also be taxing on your wallet as well. Usually, when one has a serious illness, they would lik ...
Potential Sources of Retirement Income
When you retire, how will you support yourself? In this article, figure out where you can obtain a source of income and what you should do if your funds are insufficient.No matter how far away retirement may seem, it's important to start planning for ...