Retirement

TLDR: You also need a solid plan and a certain level of social proof. This idea of mini retirement (or sabbatical year or career break) has been around for many years. A mini retirement is when [...]

In conventional retirement planning, advisers often assume that their clients’ annual expenses (adjusted for inflation) remain flat throughout their retirement years. Therefore, many retirement [...]

In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. If [...]

I had a friend who asked me this question recently: When did you realize you were financially secure and didn’t need a job anymore? I thought I will give an answer here (since we are a fee-only [...]

There are two distinctive phases for retirement planning- Accumulation and Withdrawal. However, many of us tend to only focus on the accumulation bit pre-retirement and often neglect the [...]

In a world with so much geopolitical issues and uncertainty, retirement seems to be a scary subject to think about. Retirement planning during withdrawal phase is more complex because retirees [...]

In my last 2 parts, I shared the need to initiate a conversation with your other half and to take actions as soon as possible. In this final part, I hope to touch on the topic of children. After [...]

In the previous article, I shared that by starting the conversation about finances and retirement planning with your other half allows both of you to think about your desired current and future [...]

Somewhere in the middle of last year, I met up with a friend of mine. Over coffee, she lamented, “Hey, Yong Cheng, you know I have been wanting to speak to my husband about planning for our [...]

In this fifth article, we will talk about the third Must-Have for Retirement – a strong healthcare safety net that takes care of your healthcare needs. Ageing is inescapable and as we age, our [...]

As you journey through life, the phases of your retirement planning process should progress with you. However, many retirement planning instruments available are meant for the earlier stages. [...]

In our previous article, we discussed how CPF LIFE payouts form a good Safe Retirement Income Floor. For some Merdeka generation retirees, however, you may feel that the payouts from CPF are less [...]

In this third article, we explore how CPF, specifically, CPF LIFE forms the foundation of your retirement plan by providing you with a stream of income for life. A retirement income that covers [...]

The second Must-Have in retirement is a monthly retirement income for life to cover our expenses. It is no coincidence that those belonging to the Merdeka Generation are at one of the important [...]

We all know someone from the Merdeka Generation perhaps a parent, neighbour, colleague or even yourself. Born in the 1950s, each has a story to tell, stories of how one lived through the [...]

It’s a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and [...]

There are so many issues that trigger us as Singaporeans, that it’s hard to keep track of things. Taxes, ERP, CEOs, health… The list seems to go on and on. But let me get real with you on [...]

As this will be the final installment of our retirement series, I put together what we have discussed so far over the 10 articles as a summary here. A survey was done in 2010 to understand the [...]

This is the 10th instalment of our retirement series. In my previous writings, I shared how I used our proprietary tool “RetireWell” to give our client David (aged 59), a reliable income stream [...]

This is the 9th instalment of our retirement series. In my previous writings, I shared how I used our proprietary tool “RetireWell” to give our client David (aged 59), a reliable income stream [...]

This is the 8th instalment of our retirement series. In my previous writings, I shared how I used our proprietary tool “RetireWell” to give our client David (aged 59), a reliable income stream [...]

This is the 7th instalment of our retirement series. In my previous writings, I shared how I used our proprietary tool “RetireWell” to give our client David (aged 59), a reliable income stream [...]

This is the 6th instalment of our retirement series. In my previous writings, I shared how I used our proprietary tool “RetireWell” to give our client David (aged 59), a reliable income stream [...]

This is the 5th instalment of our retirement series. In my previous writings, I shared how I used our proprietary tool “RetireWell” to give our client David (aged 59), a reliable income stream [...]

This is the fourth article of our retirement series. Throughout the past articles over the past months, we talked about how we helped our 59 years old retiree client, David, to have a reliable [...]

Low costs, consistent results – what’s there not to like about index funds? While there are still managers who can beat the markets, many are unable to do it year after year. In [...]

In last month’s article, we talked about how we helped our retiree client, David, plan for his retirement using our proprietary tool called RetireWell. Based on what David wants, we use allocated [...]

While there are 2 phases in retirement planning: the accumulation phase and withdrawal phase, in the course of our work, we observed that a lot more emphasis has been placed on the former [...]

I am writing this column on a plane, on my way back home from Mauritius, having just finished 3 days of speaking engagement to a group of financial services people there. I have always enjoyed [...]

Over a business lunch recently, one senior gentleman was relating to me on how his private banker tried to sell him a financial product. It was an equity-based investment meant to give a certain [...]