Millennials & The 2050 Retirement Deadline: What You Need To Know Now [ft HCA Hospice & MoneyOwl]

Written by The Financial Coconut | Feb 26, 2025 4:00:00 PM

 

Singapore Budget 2025 touched on a topic that's top of mind for many Singaporeans - retirement planning and what it really means to retire well in Singapore today. Our panel of experts:

  • Daphne Lye, Financial Planning Solutions Lead at ​⁠MoneyOwl‬
  • Dr Chong Poh Heng MD, HCA Hospice, who brings over 35 years of experience in end-of-life care
  • Ashok Samuel, Ex GIC Head of Private Equity Risk with 30 years in private equity experience, now retiree in his late 50s, offers a personal perspective on the realities of retiring in Singapore and the wisdom he’s gained along the way

Episode highlights:

  • Why traditional notions of retirement feel uninspiring to many millennials
  • The evolving landscape of retirement planning beyond just CPF Life and insurance schemes
  • How to balance living well now while preparing for future healthcare needs
  • And some candid conversations about end-of-life planning that you won't hear anywhere else

What We Discuss:

  • 03:59 What does hospice care actually involve?
  • 05:56 What advice comes from those near the end of life?
  • 09:51 How well do current retirement schemes support Singaporeans?
  • 12:17 How can retirees manage rising healthcare costs?
  • 18:29 How does Singapore compare to other retirement destinations?
  • 21:03 How much should Singaporeans save for retirement?
  • 29:28 What factors make retirees relocate from Singapore?

Episode Resources:


More episodes from TFC Singapore Budget Debate Specials:
  1. TFC Reacts to Singapore Budget 2025, What Was Unsaid?
  2. Reskilling isn’t working, PMEs focus on Industrial policies! #budget2025
  3. SME Towkays Capitalising On SG Budget 2025!
  4. Millennials & The 2050 Retirement Deadline: What You Need To Know Now
  5. 50,000 BTO, transaction slowdown and falling interest rates. What’s the story?
  6. Distributed Workforce, JS-SEZ, Singapore Budget 2025 Fuels Business Growth [ft ASME]

Read more about Singapore Budget:

 

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