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Start Investing with your SRS Account Today
By The Smart Investor  •  June 24, 2022
There are numerous risks to take note of when planning for your retirement. One example is longevity risk, where one outlives their life expectancy and requires more funds to finance their expenses in retirement. Other threats include rising inflation which will lower the purchasing power of your savings. Market volatility is yet another risk that could abruptly lower the value of your investment portfolio just when you need the money. Clearly, you can never be too prepared when it comes to saving up for old age. To encourage Singaporeans to further build up their retirement nest eggs, the Singapore government devised the Supplementary Retirement Scheme, or SRS. In this article, we provide an overview of the SRS account and introduce some potential investment options for it. Introduction to the SRS The SRS is a voluntary savings scheme that is meant to work alongside your Central Provident Fund (CPF) account to boost your retirement savings....
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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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