How much You Need to Retire at 55 years old (factoring in your CPF Life Annuity Income)
https://investmentmoats.com/financial-independence/retire-55-retirement-income-cpf-life-annuity-income/
https://investmentmoats.com/financial-independence/retire-55-retirement-income-cpf-life-annuity-income/
Investment Moats
How much You Need to Retire at 55 years old (factoring in your CPF Life Annuity Income)
If you wish to retire 10 years earlier than the official retirement age of 65, how much money do you need, if you know you will be getting some CPF Life annuity income at age
How much You Need to Retire at 55 years old (factoring in your CPF Life Annuity Income)
https://investmentmoats.com/financial-independence/retire-55-retirement-income-cpf-life-annuity-income/
https://investmentmoats.com/financial-independence/retire-55-retirement-income-cpf-life-annuity-income/
Investment Moats
How much You Need to Retire at 55 years old (factoring in your CPF Life Annuity Income)
If you wish to retire 10 years earlier than the official retirement age of 65, how much money do you need, if you know you will be getting some CPF Life annuity income at age
Concern — and boredom — mount for those trapped at the epicenter of the coronavirus outbreak
https://www.washingtonpost.com/world/asia_pacific/concern--and-boredom--mount-for-those-trapped-at-the-epicenter-of-the-coronavirus-outbreak/2020/01/28/7683fe94-41bd-11ea-99c7-1dfd4241a2fe_story.html
https://www.washingtonpost.com/world/asia_pacific/concern--and-boredom--mount-for-those-trapped-at-the-epicenter-of-the-coronavirus-outbreak/2020/01/28/7683fe94-41bd-11ea-99c7-1dfd4241a2fe_story.html
Topping up to ERS may not be as effective as your retirement income requirement needs increase.
https://investmentmoats.com/financial-independence/topping-up-your-cpf-life-to-enhanced-retirement-sum/
https://investmentmoats.com/financial-independence/topping-up-your-cpf-life-to-enhanced-retirement-sum/
Investment Moats
Topping Up Your CPF Life to Enhanced Retirement Sum (ERS) Might not make Much Difference
In last week's article, I showed readers 2 different approaches to plan for how much do you need if you wish to retire at 55 years old so that you will have an income stream
What are the differences between IPO and DPO? Is DPO better than IPO?
https://www.drwealth.com/what-are-the-differences-between-ipo-vs-dpo/
https://www.drwealth.com/what-are-the-differences-between-ipo-vs-dpo/
Dr Wealth
What are the differences between IPO vs DPO?
Tech companies have changed how we live. Now, they want to change how they go public too. An indepth explanation of initial public offerings vs direct public offerings.
Coronavirus declared global health emergency by WHO. There have been eight cases of human-to-human infection - in Germany, Japan, Vietnam and the United States.
https://www.bbc.com/news/world-51318246
https://www.bbc.com/news/world-51318246
BBC News
Coronavirus declared global health emergency by WHO
The World Health Organization calls for moves to stop the virus spreading to vulnerable countries.
Climbing the Wealth Ladder and use the 0.01% threshold as a guide.
https://ofdollarsanddata.com/climbing-the-wealth-ladder/
https://ofdollarsanddata.com/climbing-the-wealth-ladder/
Of Dollars And Data
Climbing the Wealth Ladder
On the 6 levels of wealth and why affluence increases in steps.
The Great Debate: Active vs Passive Investment
https://www.plannerbee.co/learn-personal-finance/the-great-debate-active-vs-passive-investment
https://www.plannerbee.co/learn-personal-finance/the-great-debate-active-vs-passive-investment
Planner Bee
The Great Debate: Active vs Passive Investment - Planner Bee
When it comes to active investing and passive investing, which method works better? Why is there a debate between the two and what are the differences?
How Trump's three years of job gains compares to Obama's. Guess which president’s first 36 months added 8.1 million jobs to the economy?
https://www.cnn.com/2020/02/06/economy/trump-obama-jobs-comparison/index.html
https://www.cnn.com/2020/02/06/economy/trump-obama-jobs-comparison/index.html
Highlights of Budget 2020
Supporting workers
More support for Singaporeans to acquire new skills in the midst of major structural change in the global economy.
Three key thrusts of the Next Bound of SkillsFuture:
1. Enabling the individual
2. Enhancing the role of enterprises in developing their staff; and
3. Focusing specially on mid-career workers.
The new *SkillsFuture Mid-Career Support Package* will assist local workers in their 40s and 50s by:
• Increasing the capacity of reskilling programmes
• Providing a hiring incentive for employers that hire and reskill jobseekers over 40 who have gone through a reskilling programme
• Providing a special SkillsFuture Credit top-up of $500 for every Singaporean aged 40 to 60 in 2020
• Giving peer-level support and career guidance through a group of volunteer Career Advisors
Supporting Households
For Singaporeans ready to start a family and own a home, we will make sure that there is good access to quality and affordable housing.
To help all Singaporeans with their household expenses during this period of uncertainty, we will provide a Care and Support Package for households, amounting to about $1.6 billion.
i. All Singaporeans aged 21 and above in 2020 will receive a one off cash payout of $300, $200 or $100, depending on their income.
ii. We will double the amount of U-Save rebates through a one-off GST Voucher – U-Save Special Payment to all eligible HDB households. This will help to free up cash for other household expenses.
iii. In addition, we will extend the Service and Conservancy Charges Rebate by another year. Eligible HDB households will receive rebates of between 1.5 to 3.5 months.
One-off cash payout of S$100 to S$300 for all Singaporeans aged 21 and above as part of a S$1.6 billion Care and Support Package.
Supporting workers
More support for Singaporeans to acquire new skills in the midst of major structural change in the global economy.
Three key thrusts of the Next Bound of SkillsFuture:
1. Enabling the individual
2. Enhancing the role of enterprises in developing their staff; and
3. Focusing specially on mid-career workers.
The new *SkillsFuture Mid-Career Support Package* will assist local workers in their 40s and 50s by:
• Increasing the capacity of reskilling programmes
• Providing a hiring incentive for employers that hire and reskill jobseekers over 40 who have gone through a reskilling programme
• Providing a special SkillsFuture Credit top-up of $500 for every Singaporean aged 40 to 60 in 2020
• Giving peer-level support and career guidance through a group of volunteer Career Advisors
Supporting Households
For Singaporeans ready to start a family and own a home, we will make sure that there is good access to quality and affordable housing.
To help all Singaporeans with their household expenses during this period of uncertainty, we will provide a Care and Support Package for households, amounting to about $1.6 billion.
i. All Singaporeans aged 21 and above in 2020 will receive a one off cash payout of $300, $200 or $100, depending on their income.
ii. We will double the amount of U-Save rebates through a one-off GST Voucher – U-Save Special Payment to all eligible HDB households. This will help to free up cash for other household expenses.
iii. In addition, we will extend the Service and Conservancy Charges Rebate by another year. Eligible HDB households will receive rebates of between 1.5 to 3.5 months.
One-off cash payout of S$100 to S$300 for all Singaporeans aged 21 and above as part of a S$1.6 billion Care and Support Package.
Rising rates of phishing scams and they are getting so real even seasoned investors get fooled.
https://cnalifestyle.channelnewsasia.com/trending/shark-tank-judge-barbara-corcoran-loses-money-phishing-scam-12474928?cid=internal_app-web-view_app_27022020_channelnewsasia
https://cnalifestyle.channelnewsasia.com/trending/shark-tank-judge-barbara-corcoran-loses-money-phishing-scam-12474928?cid=internal_app-web-view_app_27022020_channelnewsasia
CNA Lifestyle
Shark Tank judge Barbara Corcoran loses more than S$500,000 in phishing scam
The businesswoman and investor lost the money to scammers from China who used an email address similar to her assistant’s.
Coronavirus: the investment impact in seven charts
We explain how the coronavirus is impacting markets and reveal the latest views from Schroders' experts.
https://www.schroders.com/en/sg/private-investor/sg-insights/markets/coronavirus-the-investment-impact-in-seven-charts/
We explain how the coronavirus is impacting markets and reveal the latest views from Schroders' experts.
https://www.schroders.com/en/sg/private-investor/sg-insights/markets/coronavirus-the-investment-impact-in-seven-charts/
Schroders
Coronavirus: the investment impact in seven charts
We explain how the coronavirus is impacting markets and reveal the latest views from Schroders' experts
5 Habits of Highly Self-Aware People. You won’t find happiness or success unless you find yourself first.
https://link.medium.com/wAIVEKkZv4
https://link.medium.com/wAIVEKkZv4
Medium
5 Habits of Highly Self-Aware People
You can’t find happiness or success without finding yourself first
What Housing Loan Tenure Should You Choose When Buying Your First Home?
What Housing Loan Tenure Should You Choose When Buying Your First Home? https://omh.sg/blog/post/what-housing-loan-tenure-should-you-choose-when-buying-your-first-home
What Housing Loan Tenure Should You Choose When Buying Your First Home? https://omh.sg/blog/post/what-housing-loan-tenure-should-you-choose-when-buying-your-first-home
omh.sg
What Housing Loan Tenure Should You Choose When Buying Your First Home?
You reap what you sow
UOB and Prudential Singapore have worked in partnership to offer women a dedicated savings account that comes with free coverage for six female-related cancers
http://www.asiaone.com/business/uob-and-prudential-singapore-launch-uob-ladys-savings-account-help-women-grow-their-wealth
http://www.asiaone.com/business/uob-and-prudential-singapore-launch-uob-ladys-savings-account-help-women-grow-their-wealth
AsiaOne
First savings account in Singapore with complimentary female-related cancer insurance coverage SINGAPORE, March 9, 2020 /PRNewswire/ -- United Overseas Bank (UOB) and Prudential Singapore today launched the UOB Lady's Savings Account, the only financial solution…
What is Term Life Insurance and How Does it Affect Me? 💃🏼
https://www.plannerbee.co/learn-personal-finance/what-is-term-life-insurance-and-how-does-it-affect-me
https://www.plannerbee.co/learn-personal-finance/what-is-term-life-insurance-and-how-does-it-affect-me
Planner Bee
Term Life Insurance: What You Should Know and What To Consider When Getting It - Planner Bee
Term Life Insurance isn’t always something people consider when it comes to being financially savvy but it plays a key role, no matter your age. Understand more about term life insurance before you purchase one.
So much news about the virus, but let’s not panic and remember that dollar cost averaging could help reduce the average cost of shares in a market decline and actually give you joy as the markets crash.
https://seekingalpha.com/article/4332646-investors-consider-dollar-cost-averaging-your-way-back-market
https://seekingalpha.com/article/4332646-investors-consider-dollar-cost-averaging-your-way-back-market
Seeking Alpha
Investors, Consider Dollar Cost Averaging Your Way Back Into Market
Dollar cost averaging could help reduce the average cost of shares in a market decline and actually give you joy as the markets crash.The duration of time you choose to take to dollar cost average is