Insurance
Retirement adequacy for a senior needing long term care.
By A Singaporean Stockmarket Investor (ASSI)  •  November 23, 2014
This was a recent email exchange with a reader: Hi AK I've been following your blog for quite a while, but this is my first time writing to you. Hope you could 'talk' to yourself about my sis case below and let me hear it so I will know how to help her. My sis is almost 60 years old, single and stays alone. Recently, she fell very sick and was admitted to hospital for a few weeks. Now she is at home on medical leave.  We got a maid to look after her.  Don't think she will be fit enough to go back and work. She doesn't earn much as an admin staff, but still managed to save quite a bit through many years of working and saving -  about $150,000 in Cash and $100,000 in CPF.  And she has also paid up fully for her HDB flat, so no debts except for some insurance ......
Read the full article
By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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Your email address will not be published.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Your Email Address will not be published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