I enjoyed the National Day Rally by PM Lee this evening. He talked about many things but it was the segment on retirement adequacy that I paid extra attention to because of the unhappiness in certain segments of the population with the CPF in recent times. PM Lee's speech on retirement adequacy was quite clear and free of financial jargon. He clearly showed how having savings in the CPF and ownership of a HDB flat will work well to fund our retirement. This is not something new but the way the message was delivered in a story telling fashion with PM Lee pretending to be a financial planner advising a fictitious Tan family in Singapore made a difference, I feel. It is quite clear in the PM's speech that he sees HDB flat ownership as a pension that can be drawn upon in retirement. This is something I blogged about before too. See related post #1 at the end of this blog post. There are many ways in which seniors could monetise their flats: ......