Monday, November 9, 2009

S'poreans clueless on retirement

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Mon, Nov 09, 2009
my paper

S'poreans clueless on retirement

By Kenny Chee

SINGAPOREANS generally have not planned well for their retirement, according to a survey by global bank HSBC.

The majority of Singaporeans polled in the survey - aged between 30 and 70 - said that they saved only $100 to $200 a month for their retirement.


This works out to a total of less than $100,000 for retirement, which experts say might not be sufficient.

http://business.asiaone.com/Business/News/My%2BMoney/Story/A1Story20091109-178608.html

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