Why is it important for women to close the financial literacy gap today?
Why Is It Important For Women To Close The Financial Literacy Gap Today? Financial literacy is the key to good money decisions. And good decisions are needed for financial stability and independence which are crucial in Singapore. We are, after all, not a welfare state and we are encouraged to secure our own resources for […]
Is the Supplementary Retirement Scheme (SRS) Worth Your While?
Is the Supplementary Retirement Scheme (SRS) Worth Your While? What is the Supplementary Retirement Scheme? The Supplementary Retirement Scheme (SRS) is a voluntary saving scheme to encourage individuals to save for retirement, over and above their CPF savings. As a sizeable portion of CPF money is often used for the down payment and to service […]
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 […]
In Two Minds About Enhancing Your Long Term Care Protection? Here are 5 Facts That You Can’t Ignore!
In Two Minds About Enhancing Your Long Term Care Protection? Here are 5 Facts That You Can’t Ignore! ElderShield is a severe disability insurance plan which provides basic financial protection for long-term care. It pays out $300/month or $400/month, for up to 5 and 6 years respectively, if you’re disabled i.e. defined as inability 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 […]
The Top 4 Priorities in Every Single Woman’s Financial Planning
The Top 4 Priorities in Every Single Woman’s Financial Planning In my decade long experience as a comprehensive financial planner, I have had the privilege to serve a number of single women professionals who are highly driven and successful in their careers. I have come to appreciate the fact that single women have needs, financial […]
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 […]
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 […]
Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 2
Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 2 Retirement Planning Mistake #5: Underestimating Health Care Costs It takes just one serious health crisis to severely drain you of your finances. Going into debt because of health care expenses is certainly something we want to avoid at all costs. When creating your […]
Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 3
Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 3 Retirement Planning Mistake #9: Investing Too Aggressively – Or Not Aggressively Enough Invest too aggressively and you could end up losing all your hard earned savings. Invest too conservatively and your money dwindles in value because of inflation. Consider your risk profile and […]