Category Archives: Retirement

What’s your view of retirement?

Retirement. What comes to your mind when you see this word? For some, the word retirement means freedom – freedom of time and money to do what they want and taking a well deserved break from years of working. For others, it triggers worries of not having enough money and having no choice but to… Read More »

Save Taxes While You Save For Retirement

If you have ever complained about paying high taxes, here’s a simple tip that will help you save some money on taxes and prepare for your retirement at the same time. Sounds good? What I am talking about is a less commonly known program called the Supplementary Retirement Scheme (SRS). This is voluntary saving scheme… Read More »

The Income Route to Retirement

Recently I have been asked about income creation during retirement – not the active income from working but passive income from investments, retirement solutions or other means that will provide a regular stream of income when they stop work. It used to be that retirement planning was about saving and investing to accumulate a large enough… Read More »

How much do I need to retire?

A reader recently commented about why is it that the $1 million figure always seems to pops up when people discuss about retirement and asked if this is really true. My answer was ‘everyone’s number is different, there is no one size fits all”. Indeed, the amount you need for retirement can be very different from your… Read More »

Are You Prepared for Retirement?

According to the recent retirement survey conducted by HSBC in Singapore with 1000 respondents, more than half feel that they are not prepared for retirement. Retirement fears The top three fears about retirement cited by Singaporeans were poor health, financial hardship and not having enough money to provide for good healthcare, according to the study.… Read More »

Top 5 Retirement Mistakes – Are you unknowingly making them?

What comes to mind when someone mentions the word “Retirement”? Are you concerned but don’t know how you can retire comfortably? Are you actively planning and confident of your future retirement? Or is this something you are not concerned with now? Truth is only 14% of Singaporeans admit that they are financially prepared for retirement, yet 1… Read More »

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