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Posts in category: Retirement

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Exploring the World in Retirement: Perfect Destinations and Tips for Senior Travelers

December 6, 2024
by Sg-financialadvice Retirement

Retirement marks the beginning of a new chapter—a chance to embrace freedom, indulge in passions, and create cherished memories. For many, this phase represents the golden opportunity to explore the world, ticking off destinations long dreamed of. Whether ...

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Avoiding Common Retirement Planning Mistakes in Singapore: Strategies for a Secure Future

November 8, 2024
by Sg-financialadvice Retirement

Retirement is often seen as the “golden years,” a time to enjoy the rewards of a life’s work. But reaching a comfortable, worry-free retirement in Singapore requires thorough planning, as the cost of living is among the highest in the world. Many Singapor ...

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Preparing for Retirement: A Homeowner’s Guide

October 11, 2024
by Sg-financialadvice Retirement

When it comes to retirement planning, many Singaporeans focus on savings, investments, and their Central Provident Fund (CPF). But, if you own property, it can also become a key part of your financial planning for retirement. Your home, besides being a pl ...

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Navigating Retirement and Raising Kids: Finding Balance Amidst Challenges

April 19, 2024
by Sg-financialadvice Retirement

Planning for retirement is a journey filled with aspirations for financial freedom, a relaxed lifestyle, and the flexibility to enjoy life on your own terms. However, the path to retirement is rarely without its obstacles. Balancing the pursuit of retirem ...

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Can My CPF Savings Outpace Inflation for a Secure Retirement?

March 15, 2024
by Sg-financialadvice Retirement

With inflation rising in Singapore last year, many are left pondering whether their Central Provident Fund (CPF) savings will suffice for their retirement. The issue of inflation eroding purchasing power is not something new, as many have witnessed their ...

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Tips to Grow Your CPF Retirement Pot

February 16, 2024
by Sg-financialadvice Retirement

The Central Provident Fund (CPF) stands as a cornerstone of Singapore's social security system, offering citizens and permanent residents a robust framework to secure their financial future. Beyond retirement planning, CPF addresses critical aspects of li ...

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Leveraging Your Supplementary Retirement Scheme (SRS) for Comprehensive Insurance Coverage in Singapore

December 8, 2023
by Sg-financialadvice Retirement

As we approach the year-end, it's not just a time for festive celebrations but also a critical juncture to take stock of your financial strategies. For Singaporeans with a Supplementary Retirement Scheme (SRS) account, this period offers a valuable opport ...

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Why Working Longer Is a Bad Retirement Plan

November 10, 2023
by Sg-financialadvice Retirement

Working longer, as in extending one's career beyond the traditional retirement age, is often seen as a smart financial strategy. After all, it allows us to save more, delay tapping into our retirement funds, and keep a steady income stream. However, worki ...

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Saving for Retirement: 3 Reasons Why It’s A Loving Investment For Your Future and Family

November 3, 2023
by Sg-financialadvice Retirement

Retirement is often viewed as a distant destination on life's journey, a time when you finally get to relax and enjoy the fruits of your labor. However, it's more than just a personal milestone; saving for retirement is an act of love. It's a gift to your ...

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Budgeting for Retirement and Old Age

July 28, 2023
by Sg-financialadvice Financial MattersInvestmentRetirement

There's a common misconception that being single means a lighter financial load, but as people age, they often have specific financial requirements and concerns. This emphasizes the significance of beginning the planning process early and including insura ...

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