Supplementary Retirement Scheme

MONEY MATTERS

Taking stock of finances before 2025 ends

Six areas to look into when reviewing money decisions

How can you invest smartly and save on taxes using your SRS funds?

Unlock your SRS: Invest smart, retire rich

Maximise your SRS savings by investing wisely for retirement, while they reduce your taxes now. Howie Lim learns more from StashAway's Jeremy Foo and Endowus' Hugh Chung.

A forum letter in ST says it is unnecessary to require retirees to queue for hours to seek access to their SRS funds, and called on the banks and authorities to review this process.

MOF says SRS withdrawal process ‘can be improved’, will work with banks on this

But the ministry adds that the current face-to-face process enables operators to give advice tailored to the individual

Who is the SRS really for and can it supercharge our retirement savings?

BT Money Hacks: SRS secrets to grow your retirement fund and save on taxes

Can the SRS really advance and boost our retirement savings? But is it really for everyone? Howie Lim finds out.

A survey finds Singaporeans expect to start planning for retirement at age 35. Even those who have SRS accounts fall prey to inertia. As much as 19 per cent of SRS funds sit in cash, earning 0.05 per cent interest.
SCIENCE OF WEALTH

The science behind why we are bad at saving for retirement

Our minds are vulnerable to innate cognitive biases and psychological pitfalls when it comes to taking actions that will benefit us in the long term