Sunday 14 August 2022

[Post 155] Planning Right For Retirement, When You're In Your 50s (And In A Recession)


You’re about to retire in the next few years - but wondering if you have enough funds to last you. Has the COVID-19 economic recession affected your retirement goals? Should you try to ride the recent stock market rally to grow your nest egg quickly?

Muthu Kumar, 55, is worried about not being able to get medical insurance coverage at his age with a medical condition. Private hire driver Terry Tan, 56, talks about making a property investment mistake, and the challenges of saving as a self-employed person. 

Financial experts Kenneth Lou, CEO of Seedly (a personal finance platform), and Chuin Ting Weber, CEO of MoneyOwl (a financial advisory and fund management firm), advise how Terry, Kumar, and others in the same situations can work towards their ideal retirement lifestyle. 

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