Only 15% of youths in Singapore believe that their parents have adequately planned for their retirement that they need not worry about their parents during their golden years.
Us, as Millenials, will undeniably be the new Sandwiched Generation the moment we start being parents ourselves. And of course, like everything, with proper planning we will be in control of our situations better. Zero preparation equals disaster, period.
Yes, I know that I am part of the 75%, and I am my parents’ retirement plan. So while remaining objective instead of blaming them for being “The Worst Parents in The World” (according to the NTUC Income’s advertisement).
What can I do to help protect their future as much as protecting mine?...