Articles
Retirement Planning Articles
4 ways to build passive income for a sustainable retirement
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.
Can We Retire in Singapore?
A common question posed to me at conferences and panel discussions is: “Can we retire in Singapore?” It seems that many Singaporeans are worried that they can’t. Sometimes, foreign institutions and so-called experts add to the anxiety by mistakenly measuring...
How Much Do I Need To Retire In Singapore And How Do I Build My Retirement Income Stream?
If you have ever tried to figure out how much you need to have to retire in Singapore, you’ve most likely been confounded by one of the most basic yet most difficult question to answer – how much monthly income do you need during your retirement? This requires one to...
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...
Optimising Your CPF with a Personal Touch (Pt. 3)
In our earlier articles (click here to refer), we looked at the projected CPF savings of a new joiner to the workforce with plans to get his own place after 5 years as well as a middle-aged profile looking at upgrading their property. In this article, we explore how a...
Optimising Your CPF with a Personal Touch (Pt. 2)
In our earlier article (click here to refer), we looked at the projected CPF savings of a new joiner to the workforce with plans to get his own place after 5 years. In this article, we will look at a middle-aged profile looking at upgrading their property. Profile 2:...
Optimising Your CPF with a Personal Touch (Pt. 1)
The 2019 Melbourne Mercer Global Pension Index which was published in October 2019 scored Singapore’s pension system (proxied by the CPF) a B, the highest rating accorded to an Asian country. The B score was also given to Scandinavian countries like Finland, Norway,...
Retirement Sum Scheme payouts pays up to age 90 instead of age 95 now
From next year, CPF members who are receiving payouts or will start to receive payouts under the Retirement Sum Scheme (RSS) may see an increase in their payout amount of up to $50. As part of the change, all extra interest earned from age 55 till start of payouts...
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...
