Sunday 6 August 2023

[Post 267] Most Singaporeans feel they need at least S$500,000 to feel financially free: Survey


Summary

How much must we have saved before we can say we are financially free? A new survey by financial company Singlife puts the figure at around half a million Singapore dollars. This means putting aside S$1,700  a month over 27 years. But is that doable for most people in Singapore? CNA asks Chief Customer Officer at Singlife, Guillermo Arbeiza.

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