Turning 40 often brings up an important consideration: Am I on track for retirement? It may be possible for many, but there isn’t much time left to waste. This is where a focused approach to growth investing could prove valuable. In this article, we shall examine a simple task: deploying S$100,000 into three growth stocks over a period of 20 years.

The S$100k Challenge: What Needs to Happen

Starting with S$100,000 at age 40 provides a 20-year runway to build a meaningful retirement fund. The outcome depends heavily on the rate of return achieved over time.

Annual Return	Value After 20 Years (Approx.)
8%	S$466,000
10%	S$673,000
12%	S$964,000

These scenarios highlight how small differences in returns can lead to significantly different outcomes over the long term.

Why Focus on Growth Stocks and What to Look for

Growth companies often reinvest their earnings to grow and achieve higher revenues and profits over time. In the process, they generate significant capital gains and have a...