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
Why CPF LIFE May Be Insufficient For Your Retirement
Published by Autumn on November 03, 2020 Planning for retirement isn’t fun. Nor will it give you any near-term gratification. This is why many people prefer to prioritise other, more satisfying, goals such as saving up for a holiday and buying a new car, or more urgent needs such as buying health insurance and saving up for their home down payment. This mindset is underscored by the OCBC Financial Wellness Index, which found that 65% of its respondents claim to be behind in accumulating enough funds to maintain their lifestyle after retirement. Should CPF be your only retirement plan?