Those between the ages of 36 and 54 still have time to make a significant impact on their retirement planning. Read more at straitstimes.com.
SINGAPORE – Think beyond short-term gains and losses: This is one of the key messages the Central Provident Fund Board hopes to drive home in its members.
The tender documents state that the objective includes encouraging CPF members to think beyond short-term gains and losses, and focus on the long-term consequences of their decisions so as not to set themselves up for regrets. The OCBC Financial Wellness Index in 2022 revealed that less than half of Singaporeans are on track for their ideal retirement.
“I think that CPF Board is taking advantage of the momentum so far to further help Singaporeans appreciate CPF even better. In April, it launched a digital escape game for youth to educate them on financial literacy. Titled Catching Insomnia, the fantasy-themed game can be played by teams of four to six players, hosted on the metaverse platform Gather.
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