Retirement adequacy amid the pandemic

ASK the sandwich class in Singapore about retirement planning and you are likely to receive blank stares. Why should they even bother? After all, retirement may be years away.

Middle-income households would rather talk about their new born. Or fuss over PSLE preparations. Or how to build up their kid's portfolio to vie for the competitive courses in premier universities. If it is not about the kids, it may be about their parents.

Take your pick of issues: health, medical, old age issues, living expenses during retirement, where will the funds come from and who will foot the shortfall should there be one.