It depends on your lifestyle expenses and preference. A person who frequent places such as Starbucks and Haidilao could be spending more than another person who lives solely on home-cooked meals. Your trusted Financial Consultant can work out with you, a range or an estimated figure and the options (how) to achieve your desired retirement income.

Yes. Singapore can be a good place for retirement. It is relatively safe, stable and secure. However, you will need to plan for your retirement income such that you consider your future expenses in Singapore. Some of these areas to consider are the healthcare and medical costs, as well as your lifestyle preference and expenses. Also, if you will still be paying substantially for housing when you retire, you may want to factor that in as well.

There are many options available in Singapore. However, not every investment programmes you find online, or in the media, are licensed and regulated by MAS. As a beginner investor, you may want to first invest in yourself. Explore what interests you, equip yourself with the necessary knowledge and assess the potential risks involved.

It depends on your preference and objectives. For some people, they enjoy doing the research and thrill of being in the market, and prefer DIY. In this case, they may not benefit from investing through us. For others, if they prefer a more passive involvement, and yet earn a reasonable rate of returns, then they can consider working with us. Of course, you can also invest with us, and still do your DIY investing.

It goes back to identifying your objectives for this investment / plan. For most people, people invest with the objective of capital gains. However, sometimes people buy investment to add to their estates plan. Different investment tools carry different amount of risks, offer different rate of returns, and have different forms of tax implications. By understanding what is important to you, you can then prioritise and filter out the right investment options suitable for you.

When you earn in SGD to invest overseas, do factor in the currency risks and costs of conversion. In some instances, after conversions, the overseas “higher rate of return” may not provide a better yield compared to the “lower rate” in Singapore. For better visualisation, it can be helpful once you start to input hypothetical numbers. Also, consider if you want to keep your invested assets in foreign currency, instead of converting it back to SGD.

For ease and clarity, we will only share during the consultation calls.