Personal Finance
When Do You Think You Can Retire? Here’s What Singaporeans Think
By Seedly  •  June 9, 2021
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....
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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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