CPF Life is crucial to every Singaporean’s retirement planning. There are people who protested and demanded the government to “Return Our CPF”, but there are also many people who have good faith in our national pension system and want to top up more into CPF for their own retirement planning. What are the benefits of […]
How Does CPF Life Fit into Your Retirement Planning
If you read a lot about retirement planning, you may have built up some Income Generating Assets such as Real Estate Investment Trusts (REITs) or Retirement Income Plans. But few people talk about CPF Life. This is not surprising because people tend to associate retirement planning with stock and property investments. Many people believe that […]
3 Best Retirement Plans in Singapore That Can Provide Guaranteed Income After You Retire
When you retire, your employment income stops, but not your expenses. You still got to pay for your food, your transport and your health care. If you are not lucky enough, you may still have an outstanding mortgage loan to pay. Do you have retirement plans which generate guaranteed passive income to pay off these […]
How CPF Minimum Sum Retirement Scheme changes affect you
Like most people, I used to think I could call it a day when I reach my retirement with a target, say a million dollars. I was wrong. Today, retirement planning is no longer just about saving a retirement sum but to build retirement income. In Singapore, nobody can talk about retirement without mentioning CPF. Ironically, CPF retirement schemes […]
The secret of early retirement in Singapore
For many Singaporeans, the idea of an early retirement is pure fantasy. If you recall your everyday hearing about expensive housing, car and even food, you will be convinced that you will never be able to retire at all. But what if early retirement isn’t quite as an impossible task as you think? Today I […]
All you need to know about Lease Buyback Scheme (LBS)
At the National Day Rally 2014, the Prime Minister announced revisions to the Lease Buyback Scheme. Owners of four-room Housing Board flats can now sell part of their lease back to the Government to supplement their retirement income. Previously the scheme was restricted to three-room and smaller flats. What is Lease Buyback Scheme (LBS) The Enhanced Lease […]