With Singapore set to become a “super-aged” society by next year, the burden is on the younger generation to help to sustain their parents’ retirement.
A “super-aged” society is where one in five people are 65 years or older.
Aptly known as the sandwiched generation, those in their 40s and 50s are now saddled with ageing parents while having to care for their growing children.
The good news is that investing can help to alleviate some of this financial pressure.
This demographic group seeks both growth and dividends as they deal with the young and old.
Here are four attractive Singapore blue-chip stocks that can provide this attractive mix.
DBS Group (SGX: D05)
DBS Group needs no introduction, being Singapore’s largest bank by market capitalisation.
The lender provides a healthy mix of growth and dividends with its latest financial results.
For the first nine months of 2024 (9M 2024), total income rose 11% year on year to S$16.8 billion...