Survey on CPF and Retirement Over the past two decades, life expectancy has risen by six years to 83.8 years, and is projected to continue rising. Additionally, an estimated one in three Singaporeans will be aged 65 and above by 2035.
As Singapore’s first digital wealth advisor for cash, CPF & SRS savings, we are on a mission to help people build long-term wealth.
To better understand how we can help Singaporeans optimise the use of their CPF funds, we collaborated with YouGov to conduct a survey of over 1,000 CPF members to gain insight into the perceptions, misconceptions and challenges present in our society. Here are some highlights: 39% of Singaporeans are not confident about retirement adequacyWomen may be at higher risk of retirement inadequacy than menOnly 1 in 2 Singaporeans plan to rely mostly on CPF for retirementAlmost half of Singaporeans have not planned for retirement at allLower-income...