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How REITs Can Help You to Enjoy a Comfortable Retirement
By The Smart Investor  •  January 17, 2022
Everybody hopes for a comfortable retirement. However, the truth is that many fail to adequately plan for this phase of their life, leading to disappointments when they fall short of what is needed. A survey in August last year by Endowus Singapore found that one in three Singaporeans are worried about retirement planning. Yet, 45% have yet to start planning. Another earlier survey by Fullerton Fund Management showed that, on average, Singaporeans estimated they will need S$1.4 million for a desirable retirement. Meanwhile, by July 1 this year, the retirement age will be raised to 63 and the re-employment age to 68, to eventually raise these two ages to 65 and 70, respectively. With these changes, more people will find themselves working for longer. It is normal to feel worried about whether you can retire comfortably in light of all these news. By investing in REITs, you stand a good chance of being able to do so....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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