There were several blogs discussions on Supplementary Retirement Scheme (SRS). For example, Seedly have good articles to summarise the pros and cons of SRS. In this article, my focus will be on my personal experiences and considerations.   My wife and I opened our SRS accounts last year with $1 top-up. There were discussions that this could “lock-in” the statutory retirement age at 62 years old which is the current prevailing age. The “statutory retirement age” is dependent on the gov policy and this age could change in future. The exact wordings on the IRAS website are as follow: Beyond the rhetoric of retirement savings, the key benefit to me is to reduce the amount of tax that I need to pay next year! I had performed relatively well in my job this year and this was reflected in my bonus 😄 Having already done my CPF SA...