The COVID-19 situation has caused a major upheaval in many areas of our lives.
Some of the common areas include:
- Learning to embrace remote working as a new norm, working from home or even from hotels
- Discovering and relating to the word ‘languishing‘ – a sense of restlessness and stagnation
- Reevaluating priorities in life, such as work and purpose
The pandemic has seemingly placed a huge reset button in all our lives, causing us to rethink life’s big questions and question our priorities.
It is therefore not surprising when a study conducted by Fullerton Fund Management showed how COVID-19 has reshaped Singaporeans’ attitudes towards retirement.
This study looked into Singaporeans’ views towards retirement, and it surveyed 1,000 Singaporeans who were aged 21 and above, with minimum monthly incomes of S$3,000 and owned some form of investment.
Some key findings by the study include attitude shifts towards the idea of retirement, and the expectations of top retirement income sources.