(NYTIMES) – Most people finance their retirement with a certain amount of faith: Investing will help their savings keep pace with inflation, institutions will continue to work as they always have, it will all work out in the end. It’s challenging to maintain that optimism in moments like these, when it seems just about everything […]
Financial advisers recommend that CPF Life form the base for anyone embarking on retirement planning as payouts are for life. Building on that, relatively safer instruments like fixed deposits, Singapore Savings Bonds (SSBs) and annuities can supplement retirement income.
With rising inflation today reducing the real rate of return of bank savings, growing your retirement nest egg is a challenge, but there are still a number of investment vehicles that prospective retirees can consider Investing in today’s environment for tomorrow’s retirement is a challenge but it can be done: Taking on more risk for […]
SINGAPORE – Singaporeans keen to shore up their retirement savings can now top up their Central Provident Fund (CPF) accounts more easily. A new service by OCBC bank allows its customers to make top-ups to their CPF accounts by using the bank’s mobile app or Internet banking platform. OCBC said on Wednesday (Aug 10) that it […]
A: For anyone planning their retirement, CPF Life will have to be the foundation block of their planning as it will contribute the bulk of the income, but instruments like fixed deposits, Singapore Savings Bonds (SSBs) and annuities can supplement this. Next week, we look at more risk-based assets such as equities and property.