Retirement

THRIVE NEWSLETTER

I tracked my dad’s expenses to find out how much retirement costs

[SINGAPORE] When I was about five, I promised my dad that when he retired, I’d buy him a pink Ferrari and fill his bank account with millions.

A growing number of Australians are working well into their 70s.

Half of Australians near retirement fear running out of cash, data shows

Only a third say they are confident of being financially comfortable in retirement

The writer has started seeking out other activities, such as woodworking, as he neared retirement. Today, he is a furniture carpenter and "Grandparent for Climate".
SWITCHING LANES

A straddling act

How I took off my academic robes and transitioned into a new way of life

The recently opened Perennial Living Parry Avenue project combines assisted living, nursing care and medical care in a development with 200 assisted living apartments and a nursing home with 100 beds.
COMMENTARY

What Singapore needs to change to enable better senior living options

Gaps in the eldercare and retirement housing landscape can be addressed with regulatory changes

CPF members should note that their savings in the life-cycle portfolios will be invested in financial markets and privately managed.
MONEY WISDOM

Before life-cycle portfolios: A primer on how CPF really works

The Retirement Scheme is structured around three life phases, with the aim of achieving three objectives

Research suggests many Singaporeans already appreciate the idea behind glide paths, even if the terminology itself is unfamiliar.

Why glide paths could shape the next phase of retirement investing in Singapore

Such strategies offer a framework that evolves over time but remains aligned with investors’ long-term needs

While the theoretical S&P 500 grew US$1 into US$333 between 1926 and 1986, a realistic mutual fund return for that same period would have been only US$137.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Your portfolio isn’t a century-old magical compounding machine

The lived experience of real-world investors is a gauntlet of taxes, fees and the need to spend money

For professionals, having children may involve high direct and indirect costs. But there are also unique rewards, says the writer.
SENSE & CENTS

Having a child can be a financial mistake, but that’s okay

The costs of raising kids are high, and parents’ employability may suffer

In a high-cost, high-expectation society like Singapore, even high earners are not immune to insecurity, says the writer.

In Singapore, ‘Henry’ also worries about retiring with enough

The country’s ‘high earners but not rich yet’ are not immune to financial insecurity