Personal Finance
8 in 10 Singaporeans worry about growing old: Survey
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 19, 2016
Read? 8 in 10 Singaporeans worry about growing old: Survey SINGAPORE - Eight in 10 Singaporeans are worried about growing old, a survey has found. Topping their worries is whether they can look after themselves when they are old. Financial worries of running out of savings is next, according to a survey released on Tuesday (Oct 18). Nearly 1,000 Singaporeans aged 30 to 75 were interviewed in the survey commissioned by insurance cooperative NTUC Income and philanthropic organisation Lien Foundation. CW8888 is quite right. Younger ones now, of course can sing song about selling their residential home as retirement fund. May be these folks haven't been talking to their parents or older relatives on feeling of their home of decades. The survey also found that nearly eight in 10 Singaporeans prefer to grow old in their homes, consistent with the government push to encourage Singaporeans to "age in place", or spend their twilight years in their homes......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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