Retirement

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Singaporeans “positive” about retirement

Tuesday, May 15th, 2007

It seems that Business Times is trying to reverse the negativity of its report on retirement funds gap yesterday.
Today, it reported on the findings of yet another retirement-related survey, this time by AXA Group. The AXA Retirement Scope 2007 survey found that Signaporeans are 2nd in terms of monthly savings for retirement ($824), among 16 [...]

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Not enough savings for retirement

Monday, May 14th, 2007

Business Times ran a story today on a study conducted by Manulife.
The study finds that the average Singaporean expects himself/herself to live for another 9 to 12 years in retirement. But the reality is that he/she can live for another 17 years based on actual statistics.
Due to this misguided expectation (or underestimation), the general population [...]

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