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Financial Goals Progress July 2022
By My Sweet Retirement  •  July 31, 2022
Above is the progress of me reaching my targeted financial goals for July 2022. The total value of my financial assets fell slightly to 62.66%. If you wonder how I compute the total value of my financial assets, they are: Insurance Savings Singlife, DashEasyEarn and Dash PET are alternative to traditional savings accounts whereby I park some cash aside and let them grow.
Despite banks increasing their interest rates, there are no news from Singlife, DashEasyEarn and Dash PET on any revision of their interest rates. The current crediting rate for Dash EasyEarn is 1.2% per annum. The crediting rate for Dash PET is lower at 0.70% p.a. for the first S$10,000. You can earn a higher additional crediting rate if you purchase their Add-on Protection. Singlife return stays at 1% p.a. for the first S$10,000. Savings accounts (POSB, OCBC, CIMB) In June,...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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