The following article is published with permission from Jobstreet.com, a leading online job site presently covering the employment markets in Malaysia, Singapore, Philippines, Indonesia, Japan and Vietnam. The survey done by Jobstreet.com revealed that Singaporeans are financially not ready for retirement. I am not surprised by the results of the survey at all because in general, I find that Singaporeans tend to procrastinate or avoid planning for their retirement. Many Singaporeans don't appreciate the importance of building wealth early on in their career journey and the worst thing is that many of them are lazy or cannot even be bothered to study the art of making money. Singaporeans have to wake up to their idea that if they chose to work for others, which is nothing inherently wrong, then they must learn how to invest to ensure that they can enjoy their retirement.
With the increase ...
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