Money and Me: Can You Afford the Retirement You Actually Want?
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More Singaporeans are hitting their CPF retirement targets, but is having enough to retire the same as having enough for the retirement you actually want?
Two very different visions of ageing are emerging in Singapore.
Private assisted living can cost upwards of $8,000 a month, while demand for more affordable Community Care Apartments has been lacklustre.
Michelle Martin speaks with Elijah Lee, Senior Financial Services Manager at Phillip Securities, about how to identify the gaps between CPF LIFE and the income you want, when planning for long-term care.
They also examine a question many of us may be avoiding: where do you actually want to live as you age - and have you worked out what that life will cost?
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