This blog post is actually a reply to Kenneth Chua, who left very thoughtful comments regarding how whole life insurance has worked for him: here. Since not many readers visit the comments section, I thought I should bring the comments section in as a blog post especially when I believe I have something important to talk to myself about: Hi Kenneth, Yes, times have changed and there are many more options available to us now in Singapore to help us plan for retirement. When I am in my 60s, I could be amazed by how things might be different just like how my parents find how things are more complicated nowadays compared to the time when they were in their 20s. Life was simpler then. Well, we are lucky that we have a paternalistic government who, most of the time, do the right things. We......