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 ...
Preparing for Retirement: A Homeowner’s Guide
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 ...
Navigating Retirement and Raising Kids: Finding Balance Amidst Challenges
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 ...
Can My CPF Savings Outpace Inflation for a Secure 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 ...
Tips to Grow Your CPF Retirement Pot
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 ...
Leveraging Your Supplementary Retirement Scheme (SRS) for Comprehensive Insurance Coverage in Singapore
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 ...
Why Working Longer Is a Bad Retirement Plan
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 ...
Saving for Retirement: 3 Reasons Why It’s A Loving Investment For Your Future and Family
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 ...
Budgeting for Retirement and Old Age
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 ...
To Millennials: How To Increase Your CPF Savings
How Have CPF Retirement Benefits Changed Over Time?The Minimum Sum Scheme (MSS) was established in 1987 with the goal of preventing Singaporeans from spending all of their retirement funds before they reach old age.This plan required a certain minimum amo ...