Retirement is always a hot topic in Singapore. The financial folks at DBS Bank have released the results of their latest survey, with a total of 1,000 Singaporean respondents, and it makes for troubling reading. According to them: • 3 out of 4 survey respondents have no concrete financial plan for retirement, either leaving it up to fate or having a general vague idea without having any plans to execute it • A quarter blames the confusing rules and regulations surrounding financial products and investments for their lackadaisical attitude towards retirement • 23 percent of those surveyed feel that they lack the adequate funds to start any investment plans In the same survey, a large majority of respondents hoped to have a monthly income stream of S$3,500 for up to 20 years after retiring at the age of 65. Lofty ambitions, considering that DBS Bank’s experts have calculated that ......