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Housing choice linked to retirement comfort

MAS study says that households tend to underestimate expenditure for the twilight years

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A young couple who plans to spend S$4,000 per month - at current prices - during retirement would need to save S$2,800 a month during their working years, a study by the central bank on Tuesday showed.

Singapore

A YOUNG couple who plans to spend S$4,000 per month - at current prices - during retirement would need to save S$2,800 a month during their working years, a study by the central bank on Tuesday showed.

And a large part of this can be in the form of Central Provident Fund...

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