Came across this article from The Straits Times recently where it wrote that from an AIA survey, it was gathered that more than half (54%) of Singaporeans will run out of money in the last 14 years of their lives. Sounds scary, to run out of money and what more for 14 years and at a time when you are old and not as healthy or able-bodied as before. An example given was this means that on average, if someone has the potential to live to 84, his savings for retirement will run out by age 70, leaving him with no money for the next 14 years. Children are some people's retirement plan although you should not think that way because your kids might not know that they are your retirement plan and nothing is guaranteed considering the increasing costs of living nowadays. With many of the younger generations not having children or having just 1 or...