planning for retirement

An exclusive MoneyOwl blog series where you write in with your personal finance questions and our team will be on-hand to assist you. 

Looking to plan ahead for your retirement, finding a suitable retirement income plan may be a difficult process and could have left you overwhelmed with the multitude of options. So how do you know which retirement income plan is suitable for you?

Introducing a new blog series where you write in with your personal finance questions and our team of client advisers will be on-hand to assist you. 

This step-by-step guide offers advice on how to prepare for retirement by building a healthy retirement income stream, ensuring you have adequate medical insurance and a fully paid home to stay in.

While CPF LIFE payouts should form the foundation of your Safe Retirement Income Floor, there are other financial instruments you can use to boost your retirement income.

The second must-have in retirement is a monthly retirement income for life to cover our living expenses. How much you need to have depends on your expectations for retirement, goals and standard of living.

When faced with retirement, most Singaporeans are worried about whether there is enough money for their living expenses as well as medical needs. We delve deeper into one of the must-haves for retirement: a home to stay in.

After working and saving hard for most of your life, how do you prepare for the next stage of your life – retirement?

Besides banking on your CPF and working on side hustles in your spare time, how can you build passive income?

Contrary to popular belief, it is possible to retire in Singapore. It won’t be easy though, you’ll have to figure out how to build passive income first.