Personal Finance
The Stork and The Pension Fund
By Five Cents Ten Cents  •  January 18, 2011

Beach beautiful baby Jackson
The Channelnewsasia article “Singapore Fertility Rate Falls to Record Low,” of 1.16 (2010) from 1.22 (2009) is not telling us anything new. If you look around your colleagues, relatives and friends, the reality is that Singapore faces the population trends prevalent in developed countries, i.e. a declining birthrate. Possibly it is the rate of decline as well as the level of the total fertility rate (TFR) when extrapolated gives rise to concern in the future, i.e. we will have a greying population that will be supported by fewer economically active population.

What does the decline in the TFR have to do with your financial freedom?

Stop at Two, Developed Country Trends

There are many possible reasons for why the TFR is declining. Singaporeans are getting married later and putting their education and careers first before starting a family. Some prefer ...

...
Read the full article
By Five Cents Ten Cents
PanzerGrenadier is a 30-something accountant who finally grasped the concept of financial freedom at the ripe old age of 32. Ever since, he has been travelling on his journey towards financial freedom and documenting his adventures through his blog "fivecentstencents". PanzerGrenadier allocates his non-work time in between living within his means, saving and investing as well as spending quality time with family. He is an avid toastmaster and has completed 10 years of being a reservist conscript in the Lion City.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance