4 Steps to Plan for Your Retirement
4 Steps to Plan for Your Retirement In all my years as a financial practitioner and money coach, I’ve met people who are nonchalant about their retirement planning and those who are concerned and determined to make their dream retirement come true. What was the difference between them? The ones who were on track to […]
Should You Withdraw CPF Cash at Age 55?
Should You Withdraw CPF Cash at Age 55 The Straits Times article “Should You Withdraw CPF Cash at Age 55” published on 23 September 2018 is a good read and provides a good overall view of the options available for investing your CPF money. Many people who are turning 55 would be faced with this […]
Gift Yourself A Year-End Financial Checkup
Gift Yourself A Year-End Financial Health Check-Up As we start to get busy with the festive preparation, it can be tough to find time to organize and review your financial life. But if not now, then when? It may seem easier to postpone it till the first quarter of the New Year, but your financial […]
6 Reasons Why Annuity is a Good Fit In Your Retirement Plan
6 Reasons Why Annuity Is A Good Fit In Your Retirement Plan Do you wish to sustain your lifestyle when you stop working? Are stability and predictability what you seek in a financial product when it comes to your income stream during your golden years? Do you want to have peace of mind knowing that […]
Retirement Age in Singapore to Go Up
Retirement Age in Singapore to Go Up The 18 August 2019 Straits Times article headline “National Day Rally 2019: Retirement age to go up to 65, older workers’ CPF rates to be raised” came as no surprise to me. The statutory retirement age will be raised from 62 to 63 in 2022 and to 65 […]
Women and Financial Planning: 4 Steps To Mitigate Caregiving Risk
Women and Financial Planning: 4 Steps To Mitigate Caregiving Risk In the past twelve months, I came to know of 4 families who have ailing parents. A common issue faced by the families was who should be the primary care giver and how the financial burden ought to be divided amongst the siblings. The last […]
Banking on Your Employee Benefits Insurance? Think Again.
Banking on Your Employee Benefits Insurance? Think Again Most employees do not pay attention to their employee benefits insurance until a medical claim arises. And there are those who think they have adequate coverage given by the company, without checking exactly what they are covered for. So, does it make sense to depend on your […]
9 Reasons Why We Need A Financial Adviser
9 Reasons Why We Need A Financial Advisor A question that some prospects ask me is: “Do I really need a financial advisor? I think I am quite good with numbers and have jotted down my expenses, assets and liabilities in a spreadsheet. I also read the newspapers and see ChannelNewsAsia everyday so that I […]
The 4 Financial Management Habits That Successful People Practise Faithfully
The 4 Financial Management Habits That Successful People Practise Faithfully What is financial planning? The typical response I get is “Buying insurance and investing to grow my money”. That is somewhat right. You see, before we even delve into risk management or investment planning, the number one thing to determine in your financial planning is […]
Retirement Planning in Singapore: Which Retirement Income Plan Best Fits You?
Retirement Planning in Singapore: Which Retirement Income Plan Best Fits You? The article titled “Retiring Right … and Picking a Plan That Fits You” was published in the Sunday Times on 17 April 2016. It highlighted the concerns of a greying Singaporean population and that understanding one’s needs in retirement is vital prior to zooming […]