Singapore’s Budget 2024, presented by Deputy Prime Minister and Finance Minister Lawrence Wong, introduced significant changes to enhance retirement adequacy for Singaporeans. These changes, primarily focused on the Central Provident Fund (CPF), aim ...
Strategies to Maximize Your Retirement Fund and Make Your Money Work for You
Building up your retirement fund is a crucial part of financial planning. After years of hard work and careful saving, you deserve to enjoy your golden years. However, this achievement brings up an important question: How can you make your money work ...
Calculating Your Retirement Funds: How Much Is Enough?
Calculating your retirement funds is not just a financial exercise; it's a critical step towards securing your future. By gaining a clear understanding of your financial situation, you empower yourself to make informed decisions about retirement plan ...
A Road to Financial Freedom
Financial freedom is a deeply personal concept, varying in definition from one individual to another based on their aspirations and priorities. For some, it entails achieving a level of financial stability that allows them to sustain their desired li ...
A Guide to Assisting Your Parents in Retirement Planning
For many of us, our parents have spent a big part of their working life earning money to fulfill our basic needs. Once we're no longer relying on them for money, they naturally start thinking about retirement. Whether our parents see retirement as a ...
Securing Your Golden Years: 5 Essential Protection Plans for a Comfortable Retirement
Planning for retirement is a crucial aspect of financial well-being, and a key part of this process is ensuring that you have the right protection plans in place. As you embark on the journey toward your golden years, it's essential to safeguard your ...
Retiring Well: 10 Guiding Principles for Funding a Comfortable Retirement
Retirement is a significant milestone in our lives, a phase of existence where we aspire to enjoy the fruits of our labor while maintaining financial security.Retirement is a chapter in our lives that holds the promise of relaxation, enjoyment, and ...
Why Insurance Is Crucial, And What Kind Should I Purchase
There are moments when juggling your financial obligations calls for zen-like peace of mind. There is a mortgage to pay, a vehicle loan to repay, parents to support, and possibly a newborn as well. You might feel overworked if you have several financ ...
Women’s Financial Planning At Various Phases Of Life
Understanding the importance of planning for women is essential. Women are more likely to live longer given that they have an average lifetime of 86 years, which is about 5 years longer than that of males. This emphasizes the importance of making lon ...
Retiring Gracefully; Here Are Some Financial Tips For You!
With the changing dynamics of dating and marriage, more Singaporeans are opting to remain single. Whether by choice or need, being a single retiree comes with its own set of advantages and disadvantages, not the least of which is the need for cautiou ...