Retirement Planning – How Much Is Enough?

Channel News Asia recently published an article on Retirement Planning: How Much Is Enough?

And for many Singaporeans there, retirement means different things to different people and industry observers say retirement aspirations of Singaporeans have evolved over time.

“On a month to month basis, I’ll try to save up to about 30 per cent of my income and that goes into various portfolios of investments,” said Mr Ooi. “50 per cent is more of expenses, but I do have surpluses here and there, so that eventually goes into savings or are parked to my investments.”
said during one of the interview.

EVOLVING ATTITUDES TOWARDS RETIREMENT
Finance industry experts said there is a growing number of individuals like above, whose attitudes towards retirement stray from the conventional.
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