Throughout my years in wealth advisory, the most common answer I get when I broach the topic of retirement planning is “Aiya, in Singapore, how to retire?” Although this response is largely tongue-in-cheek, it represents a real consideration for Singapore’s working class. With costs increasing yearly, as well as being in the middle of the ‘sandwich generation’, more and more people feel that retiring comfortably in Singapore is getting more and more challenging. An article by The Business Times published last year quoted a survey by Blackbox Research and Qualtrics, stating findings that one in three Singaporeans polled said they may retire in Johor Bahru, once travel arrangements become more convenient. But, is it really possible to retire comfortably in Singapore? Or more specifically, what are the potential risks that retirees face when thinking about retiring? At Havend, we have outlined five potential risks you might face in retirement, and how to plan for them....