I really like Supplementary Retirement Scheme (SRS) – and you can learn all about it here – but as with most things in life, it has its share of criticism. Are its supposed downsides really bad though? < div class="wp-block-embed__wrapper">

Criticism 1: Limited range of investments

One of the criticisms of SRS is that it has a limited selection of permitted instruments you can invest your SRS funds in. Unlike cash in your bank account which you can use to invest in practically anything from cryptocurrency to your friend’s revolutionary cafe idea, SRS money can only be invested in: endowment insurance locally listed stocks/bonds unit trusts Singapore government bonds (SGS bonds, SSB, t-bills) fixed deposits roboadvisers Lack of choice can often save us from ourselves, and I think that is indeed the case here when it comes to investing for retirement. Cryptocurrency...