retirement readiness

Singapore news

68% of Gen Zs not confident in maintaining good physical health in old age: Prudential

This was followed by baby boomers (67%), millennials (57%) and Gen X (56%).

Future of the economy

Singaporeans more likely than global peers to overspend, only 43% feel good about daily finances: Fidelity International

As living costs have risen, Asians are more likely to be saving, but Singaporean’s aren't due to rising household expenses.

Financially Savvy

Narrowing the retirement income gap

Amid escalating healthcare costs and changing family structures, Singaporeans are bound to have retirement challenges.
You want at least US$3 mil in savings to retire comfortably: MLIV Pulse survey - THE EDGE SINGAPORE

Investing 101

You want at least US$3 mil in savings to retire comfortably: MLIV Pulse survey

Less than half of the investors surveyed were less sure about whether they’d have enough to maintain their lifestyle in retirement
Young crypto investors still plan to invest in cryptocurrencies despite crash: OCBC Financial Wellness Index - THE EDGE SINGAPORE

Investing 101

Young crypto investors still plan to invest in cryptocurrencies despite crash: OCBC Financial Wellness Index

According to the index, young Singaporeans are found to have been keener on crypto in order to build their wealth quickly.
One in five Singapore residents say resignation has delayed retirement by six years: Prudential poll - THE EDGE SINGAPORE

Investing 101

One in five Singapore residents say resignation has delayed retirement by six years: Prudential poll

The poll also found that Singaporeans mainly depend on their CPF accounts and bank savings to fund their retirement.

Investing 101

45% of retirees say they regret not planning their finances for retirement earlier: Great Eastern survey

When saving up for retirement, Alvin Yeo, a financial services director at Great Eastern recommends the 50/30/20 income rule.
How much do you need to retire in Singapore and 4 other tips on retirement planning - THE EDGE SINGAPORE

Investing 101

How much do you need to retire in Singapore and 4 other tips on retirement planning

See how much you'll really need to retire comfortably, how to manage your investment portfolio for retirement, and more.

Financially Savvy

Fullerton's Chan worries for your retirement as Singapore's population ages

As part of his ongoing efforts to drive home the importance of being prepared financially for retirement, veteran fund manager Vincent Chan has no lack of advice for the young.

Global Economy

Briefs

US, China closer to trade deal despite harsh rhetoric
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