As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 18 October 2016

8 in 10 Singaporeans worry about growing old: Survey

Read? 8 in 10 Singaporeans worry about growing old: Survey

SINGAPORE - Eight in 10 Singaporeans are worried about growing old, a survey has found.

Topping their worries is whether they can look after themselves when they are old

Financial worries of running out of savings is next, 

according to a survey released on Tuesday (Oct 18).

Nearly 1,000 Singaporeans aged 30 to 75 were interviewed in the survey commissioned by insurance cooperative NTUC Income and philanthropic organisation Lien Foundation.

CW8888 is quite right. Younger ones now, of course can sing song about selling their residential home as retirement fund. May be these folks haven't been talking to their parents or older relatives on feeling of their home of decades.

The survey also found that nearly eight in 10 Singaporeans prefer to grow old in their homes, consistent with the government push to encourage Singaporeans to "age in place", or spend their twilight years in their homes.

About half the respondents were willing to stay at a nursing home, but only two in five were willing to send a loved one there.

The survey found that for those willing to stay in seniors' homes, an overwhelming nine in 10 prefer single or two bedded-rooms that currently do not qualify for government subsidies.

"Aged care facility providers can take heed of the varying preferences shown by the different age groups," said Lien Foundation programme manager Gabriel Lim of the findings.

NTUC Income also launch on Tuesday in conjunction with the survey findings release a new insurance plan that covers senior diseases like Parkinson's disease, dementia and Alzheimer's diseases. The new plan covers policyholders until age 100.

No comments:

Post a comment

Related Posts with Thumbnails