Retirement

Lawrence Wong said majority of Singaporeans “want to work longer”, while netizens rebut him saying many of them can’t afford to retire

SINGAPORE — Lawrence Wong, Singapore’s Deputy Prime Minister, has claimed that the majority of people in Singapore “want to work…

Poll results show nearly 50% of high-income earners in Singapore face money issues

A recent poll conducted by a wealth management company St James’s Place Asia (SJP Asia) found that one in two…

WP MP Louis Chua encourages public to ensure their CPF nomination is in order, following recent encounter with a case which didn’t

While the minimum S$15 fee for administrative costs imposed in processing un-nominated Central Provident Fund (CPF) monies is understandable, it…

S’poreans cite COVID-19 pandemic as “key trigger” to retirement planning, Fullerton Fund Management study reveals

The COVID-19 pandemic has triggered Singaporeans to re-evaluate their attitudes towards retirement and retirement planning, with 42 per cent of…

CPF top-ups number increases by 34% while total withdrawn amount drops by 20% amid COVID-19 pandemic

On Wednesday (21 October), Central Provident Funds (CPF) Board revealed that more than 198,000 top-ups, comprising cash top-ups and transfers…

46% of Singaporeans expect that their family will look after them in retirement, according to survey by SJP Asia

Amid declining birth rates and an aging population, a new survey by St. James’s Place Wealth Management Asia (SJP Asia)…

S. Korea's bid to raise retirement age draws criticism, analysts warn against potential repercussions to economy and labour market

The South Korean government’s proposal to raise the official age of retirement from 60 to 65 has received considerable criticism,…

Tan Chuan-Jin urges S'poreans to reframe narrative on ageing society while young and elderly citizens reveal struggle with insufficient retirement funds

The discourse around ageing in Singapore should be reframed into a more positive one, as a “negative narrative can become…

Global Retirement Index: S'pore tops list of countries for retirement finances, scores low in quality of life and material wellbeing

Singapore scored first for retirement finances out of 44 countries surveyed in the latest edition of the Global Retirement Index…

"Retiring at 60 is good enough": M'sian Prime Minister Mahathir Mohamad on retaining current retirement age

The Malaysian government will retain the country’s statutory retirement age of 60 in a bid to prevent the younger generation…