Did you know that only 1 in 4 Singaporeans have a retirement insurance plan, and 2 in 3 of retirees regret not planning earlier for retirement?
Instead of getting excited about their work-free years, some Singaporeans are feeling anxious about their retirement simply because they are not prepared for it. These are some of the findings – and insights drawn – from a retirement survey conducted by Manulife in January 2021.
According to Manulife’s Retirement Gap survey 2021, a quarter of the 1,000 respondents agree that their standard of living has declined after retirement, and about 1 in 2 Singaporean retirees wish they had invested in an insurance plan as preparation for their future.
Read more at https://www.straitstimes.com/business/invest/6-ways-this-investment-linked-policy-makes-retirement-planning-a-breeze
