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Posts tagged: Financial Matters

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January 30, 2023
by Understanding Careshield

How Much Is the Cost of Hiring A Private Nurse to Take Care of Our Elderly Loved Ones

When we talk about family, we'll do anything for the sake of our loved ones, especially if it means protecting their health and happiness. Remember that your own parents have provided a safe haven and a solid foundation for you when you were a child. ...

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January 25, 2023
by Understanding Careshield

Why Retirement Planning Still Matters Even If You Plan To Work For The Rest Of Your Life

Let's be honest: discussing one's retirement is never a great conversation topic to begin with. More than that, everyone would have a more immediate pressing financial commitment that they need to fulfill first. Consequently, a lot of people put off ...

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January 16, 2023
by Understanding Careshield

How Much Do Singaporeans Need For Retirement?

To varying degrees, we all struggle to put away enough money for retirement. It's possible that some of us are nursing an illness, taking care of aging parents, or finding a way to pay for the education of our children. There is no simple or obvious ...

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January 9, 2023
by Understanding Careshield

All You Need to Know About Nursing Homes in Singapore

Nursing homes are a place where our elderly loved ones can go to be cared for when they are at the worst point in their lives but bringing them into a nursing home is never easy.While they require nursing care and attention, we often have strong rese ...

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January 3, 2023
by Understanding Careshield

Getting Your Finances In Order In Just 4 Simple Steps

Start the year off right by getting your finances in order!Many people underestimate the importance of financial planning. Although some may believe it is clear and simple to do, there is still a considerable number of individuals who may not be exec ...

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December 27, 2022
by Understanding Careshield

Here’s Why You Should Discuss Retirement Plans With Your Parents 

Singapore has one of the world's highest average life expectancies, with citizens expected to live until the age of 84.8 years. This number has been shown by numerous research to increase over the next decade.Not only will you enjoy a longer lifespan ...

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December 19, 2022
by Understanding Careshield

The Best Financial Gifts For Our Parents

As our parents' resources and incomes dwindle, it becomes more challenging for them to seek out investment opportunities that would increase their retirement savings and protect them from inflation.Your time and your parents' money are the two things ...

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October 4, 2022
by Understanding Careshield

How Much Does It Cost To Hire a Maid Or Housekeeper In Singapore? (2022)

Are you in search of a maid employee in Singapore? If you're a working professional with young children or elderly parents to look after, having someone to lend you some extra hands could bring great relief. Employing a foreign domestic worker (FDW) ...

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September 28, 2022
by Understanding Careshield

CPF Contribution Rate: Employer Contribution & Retirement Sum (2022)

Are you aware of the percentage of your monthly income that makes it to your pocket and the other portion that goes into your CPF? If you can't fully comprehend what happens to that valuable portion of your paycheck that goes into your CPF accounts, ...

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