Almost half of Singaporeans believe they won't be able to retire comfortably

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Almost half of Singaporeans believe they won't be able to retire comfortably

maxsanic

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#14

09-09-2022, 09:28 AM

It really depends on what they mean by "retire comfortably" when they answer the questionnaire.

If it means that on the last day of employment I am drawing $x and the next day of retirement I should still be able to continue my lifestyle at 80 - 90% of $x, then most Singaporeans are unlikely to meet this criteria as the net worth required is rather high.

However if it means basic needs are met and the occasional luxury here and there then yes perhaps 50% - 75% of the population can meet this criteria.

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Almost half of Singaporeans believe they won't be able to retire comfortably - by pinkypanther - 08-09-2022, 07:24 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Ola - 08-09-2022, 07:27 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Ola - 08-09-2022, 08:00 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by happyharvest - 08-09-2022, 08:20 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Scythian - 09-09-2022, 04:45 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Ola - 08-09-2022, 08:46 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by drgn - 08-09-2022, 08:53 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Oasis - 08-09-2022, 09:34 PM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Wy:Nox - 09-09-2022, 08:26 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Ola - 09-09-2022, 10:12 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Huliwang - 09-09-2022, 04:32 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Scythian - 09-09-2022, 04:37 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by singlon - 09-09-2022, 04:41 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Scythian - 09-09-2022, 09:27 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by maxsanic - 09-09-2022, 09:28 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Sharexchange - 09-09-2022, 09:41 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Huliwang - 09-09-2022, 09:44 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Manthink - 09-09-2022, 11:06 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Ola - 09-09-2022, 11:50 AM

RE: Almost half of Singaporeans believe they won't be able to retire comfortably - by Manthink - 09-09-2022, 01:35 PM

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