SG Investor Hub Blog

Our net take home pay per hour

I was going to write about possibly starting a DBS DigiPortfolio for my wife. Mostly because I saw how a few financial bloggers have written about it at the same time. Might be a collaboration exercise with DBS to promote this financial product using sponsored posts. Which is fine with me since I can see […]

SRS withdrawal for retrenchment benefits?

During the National Day Rally 2019, Singapore government announced that retirement age will be raised to 65 by 2030. In addition, it was also announced that the proposed adjustments will not affect CPF withdrawal policies or age. The adjustments are necessary due to Singapore ageing workforce and the need to ensure that Singaporeans will be financially independent in their twilight years. Nonetheless, the increase in retirement age will impact the Supplementary Retirement Scheme (SRS) withdrawal age as it is pegged to the statutory retirement age.

In this article, I will share my view on how the increase in statutory retirement age will impact the SRS withdrawal. As usual, this article is not meant to be a form of financial advice. Please consult a financial advisor if you have doubts. I am writing this article because I am planning to open an SRS account and is sharing my research with readers. If there is any mistake contained within this article, please let me know.

SRS withdrawal

10-year SRS withdrawal period

Although both CPF and SRS serve to provide the retirement needs, there are major differences between the two schemes. CPF focused primarily in housing, medical, education and retirement needs. CPF monthly contribution is …

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My Experience with the FX Spreads on Standard Chartered LiveFX

Since they started, I have been using Standard Chartered Online Trading as one of my main trading platform for the past 8 years. Since then, a few other platforms have sprouted up, notably FSMOne and Interactive Brokers. They look to be competent platforms and would fit my needs, but we can observe high behavioral switching […]

The post My Experience with the FX Spreads on Standard Chartered LiveFX appeared first on Investment Moats.

From Seasonal Japanese Kit Kat Flavours to Fine French Wine: 11 Imported Products You Can Get on RedMart Without Spending Money on a Plane Ticket

This post was written in collaboration with RedMart. While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same objective…

The post From Seasonal Japanese Kit Kat Flavours to Fine French Wine: 11 Imported Products You Can Get on RedMart Without Spending Money on a Plane Ticket appeared first on MoneySmart.sg.