Retirement adequacy calls for prudent investing and planning

NUMEROUS surveys highlight Singaporeans' concern over whether they will have enough funds for their twilight years. The trend towards longer life expectancy suggests that an individual who retires at 62 may need a kitty that can last 20-30 years - a tall order given today's low interest rates.

Measures announced in the 2015 Budget provide a welcome boost: a higher salary ceiling for the CPF; higher contribution rates and extra CPF interest for older workers; and a higher contribution cap for the Supplementary...

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