RETIREMENT PLANNING

Retirement Planning In Singapore

How to afford to live happily ever after

With the latest CPF changes, you can't count on having a ready-made nest egg anymore. So how do you start actively planning for your sunset years? Tay Suan Chiang explores the options. Saving up for retirement has been an afterthought for most us. We took for granted that our CPF accounts were automatically and efficiently doing all that saving-up, presenting us with a neat little nest-egg when we eventually decided to kick back and retire. With the latest CPF cuts coming into effect from October, the cracks in the egg are showing. Urgent worries of how to pay off that housing loan or afford that new flat threaten to crowd retirement-planning even further into the background. But it's even more important now than ever, to start planning for life after 55. Read Full Article