You wake up. You get ready for work. You go and spend 8-10 hours (or more!) at work.
You come home. You get some quality family time. You vegetate in front of the television. You sleep.

Cycle repeats from Mondays-Fridays and you get a short break over the weekends to rest and recharge until that one day, one day where you have “retired”.

But what exactly is retirement to you?

More importantly, are you ready to retire when you want to?

Join Panzer as he embarks on a three-parter discussing retirement planning in Singapore in a common-sensical, realistic approach using real life references to existing Central Provident Fund and economic realities that exists in Singapore. If you are joining us from outside of Singapore, this post may give you insights on what retirement means to a person living in the Lion City.

Part 1: What is Retirement discusses the concept and delves into what does “retirement” mean to each of us. This distinction is important you need to set your destination before deciding on the road-map on how are you going to get there.

Part 2: Funding Your Retirement touches on the ways you can achieve it within the destination you have established in part 1. It discusses what could help or hinder your journey towards your ideal retirement.

Part 3: Can I Truly Retire examines realistically the factors that impact those plans you have explored with me in part 2, whether you can fund your retirement in your lifetime with the income and expenditure that you have now.

This future is for us to shape. Like it or not, we are responsible for our own retirements.

Be well and prosper.