5 Ways To Improve Your Financial Health Especially When You Are In Your 40s
Published by Autumn on 31 March, 2021 What is the state of your financial health? Do you aspire to be on F.I.R.E (Financially Independent & Retire Early)? When is a good time to start taking stock of your financial health? It’s never too late to start working on your financial health, even when you are in your 40s. The 40s could be a golden decade for most people - armed with the benefit of a formal education combined with actual working experience; you’ve had time to clear your student loans and are now at the peak of your
How To Build A Retirement Portfolio That You Can Live Off In Your Golden Years
Published by Autumn on 4 March 2021 Your golden years also have the potential to be your most vulnerable years. At this stage of your life, you have given up your monthly paycheque but still need to pay for daily expenses. Relying on CPF LIFE for a part of your retirement expenses This is where the benefit of all your regular contributions to CPF over the years kick in. You can lean on CPF LIFE, Singapore’s mandatory life annuity scheme, that will pay you a monthly income for as long as you live. This is passive income that
4 reasons why financial independence is important for women
Published by Autumn on November 03, 2020 Updated 7 March 2022 Women in Singapore have made great strides towards gender equality. According to the Global Gender Gap Report 2020 by the World Economic Forum, Singapore ranked 5th in the East Asia and the Pacific region, ahead of Japan and South Korea but behind New Zealand and Australia. As younger generations of women gain more access to education and career opportunities, you also become more empowered to achieve greater financial independence. Yet, there is one area women may lag behind their male counterparts in Singapore: planning for their retirement. Your