Creating a secure and fulfilling retirement requires careful retirement savings planning. At OldSG, we specialize in helping individuals in Singapore build comprehensive retirement plans that take into account all aspects of future financial needs, from day-to-day expenses to long-term goals.
Retirement savings planning is a proactive approach to
achieving long-term financial independence. With rising costs,
increased life expectancy, and changing economic conditions, a
solid retirement savings plan is essential for ensuring your
financial
stability in later years.
Achieve Financial Independence: Having a
well-structured retirement savings plan helps you avoid
financial dependence, giving you the freedom to enjoy retirement
on your terms.
Combat Rising Living Costs: As inflation affects everyday expenses like housing,
healthcare, and groceries, retirement savings planning helps you
stay prepared for these rising costs without compromising your
quality of life.
Plan for Longer Retirement Years: With Singapore’s high life expectancy, many retirees can
expect to live two or more decades post-retirement. Effective
savings planning ensures your money lasts as long as you need
it.
Knowing that you have a financial plan in place allows you to enjoy retirement without constantly worrying about expenses, letting you focus on the things that matter most.
Adding to your CPF accounts can significantly enhance your retirement income while providing tax relief. We can guide you on strategic CPF top-ups, helping you build a larger retirement fund.
For those seeking additional growth, the CPF Investment Scheme (CPFIS) allows you to invest a portion of your CPF savings. Our team can advise you on CPFIS options based on your risk tolerance and investment goals.
Retirement Savings Accounts: Many banks in
Singapore offer specialized savings accounts with high interest
rates, designed to grow your retirement savings securely. We
help you find the best options based on your timeline and
financial goals.
Fixed Deposits:
Fixed deposit accounts provide a stable, low-risk way to grow
your retirement funds over time. Our advisors can help you
incorporate fixed deposits into your retirement savings
strategy.
