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Can Singapore retirees afford to be ultra-conservative in a high/rising inflation rate environment?
By A Pen Quotes  •  July 24, 2022
Well, I reckon the short answer to the above question would probably be: It depends on how much the retiree has in his/her retirement fund? However, for many of the newly retired who might not be exactly ‘rich’… this might be the question that is in their minds currently. With the recent inflation rate rising at such a fast pace, it seems like most people in Singapore are already feeling the pinch. To quote this article: “More than nine in 10 Singaporeans said inflation has affected their lives, with 37% indicating a “significant” impact, according to the poll based on interviews with 758 people aged 20 and above.”
In fact, as per this article, it states: “Singapore consumer prices have continued to climb in May 2022, with headline inflation hitting 5.6 per cent, up from 5.4 per cent in April, according to the latest data on Thursday (Jun...
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’.
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