Here is a joke in the employment market: Weather forecasters and economists are two professions who can be wrong in their predictions and still keep their jobs. No offense really, if you are working in either one of these fields.  I am sure a lot of rigorous research has been conducted to predict the next thunderstorm or economic outlook.  For all the number crunching, a mere 0.5% deviation from reality can make a difference between a top rated economist who appears on TV and those mugging in oblivion. Now when it is about estimating the amount of money one require during retirement, how many people will truly employ scientific rigour to arrive at the magic number? Not many, I believe. According to a recent Straits Times article, an average Singaporean requires SGD 1.38 million to retire, if an online poll is to be believed (story......