Personal Finance
This Week On Seedly: How To Grow My Retirement Nest? I am 48 Years Old.
By Seedly  •  February 26, 2018

The Seedly Personal Finance Community reached an auspicious total of 8,888 members over the weekend, just in time for the TOTO Hong Bao Draw!

This week on Seedly’s Personal Finance Community, we received a really good question on retirement. You see, most Singaporeans only start to think about retirement at the age of 38 years old. While 38 years old is already quite late an age to start planning, what happens if one starts later than that?

We find out from the community this week.

The context of the question:

Last month, the member started investing through a well known Independent Financial Advisory (IFA) on Unit Trusts, with an annual management fee of 1.25%. The member wishes to have a 4% or slightly higher return per annum for the next...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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