In this sixth and final article in the Planning for Your Retirement series, we will be exploring estate planning – one of the most important aspects of financial planning that is often overlooked by seniors and younger people alike.
In our fifth article of this series, we will talk about the third must-have for retirement – a strong healthcare safety net that takes care of your healthcare needs.
In our previous article, we discussed how CPF LIFE payouts form a Safe Retirement Income Floor. Today, we will discuss how to boost your retirement income stream.
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 as envisioned in our earlier article.
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.
You have worked and saved hard for most part of your life and finally, retirement is in view. But retirement is not a destination but rather another phase of your life.