All You Need To Know About SRS

All You Need To Know About SRS

If you are planning for your retirement and haven’t heard about the Supplementary Retirement Scheme (SRS), you might be losing out! What is Supplementary Retirement Scheme (SRS)? SRS is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief and only […]

Which Retirement Income Plan is right for you?

Which Retirement Income Plan is right for you?

Retirement income insurance plans have been gaining popularity among Singaporeans when it comes to retirement planning. They help us diversify our retirement portfolio, encourage a disciplined savings habit and provide monthly guaranteed payouts during our golden years. As these plans are underwritten by insurance companies, they also provide some insurance coverage. While you may know […]

Understanding Your Investment Returns

Understanding Your Investment Returns

If you have started your investment journey and are wondering how investment returns should be calculated, we have put together some materials that hopefully will help you understand returns better. Let’s start off with some basics. Simple Investment Return Adam invested $500 in Fund A. 1 year later, he sold all his holdings in Fund […]

How To Make Lump Sum Investing Less Fearful

How To Make Lump Sum Investing Less Fearful

I have seen this question asked in conferences and seminars again. And Again. And Again. And somehow, I felt the people asking that question never got a satisfactory answer. The question: If I have a lump sum of money, should I invest the lump sum in one shot, or should I split them up into tranches? Mathematically speaking, if […]

From First Step to First Home

From First Step to First Home

Back in September 2018, NUS released a study on The Straits Times that discussed the effectiveness of government policies in increasing Total Fertility Rate (TFR) in Singapore. The authors found that the estimated cost of raising a child in Singapore from infancy to age 21 across the 30th, 50th and 70th percentiles of household income […]