facebookHi, i will be turning 30 next yr. Would like some advice if there any investment or retirement plans i can consider? - Seedly

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Anonymous

18 Apr 2019

Retirement

Hi, i will be turning 30 next yr. Would like some advice if there any investment or retirement plans i can consider?

Not married yet.Every mth still can save ard $500. Emergency fund set aside already. Thanks=) Recently started investing in ssb and stashaway (robo-advisor). My current portfolio has a prulink ilp (bought 7yrs back), a wholelife plan(bought 5yrs back), hospi plan. Premium for insurance is ard $3.6k/annum.Earning ard $45k/annum.

Discussion (3)

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Hariz Arthur Maloy

03 Nov 2018

Independent Financial Advisor at Promiseland Independent

Hey Anon, since retirement is about 35 years away, you should look to invest into a globally diversified portfolio if you want something passive, or learn investing yourself if you want something active and save on costs.

However one thing I would like to say is that when you're single and without kids, you should try and save at least 50-60% of your income. If this is an issue, I suggest you look into your expenses and try to trim things down.

Jason Sing

03 Nov 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Before looking for new investment, re-examine what you already have so that you could identify any gaps that you could have. Work towards closing the gaps first before looking for new investment opportunities.

Nicholes Wong

02 Nov 2018

Diploma in Business Management at Nanyang Polytechnic

Maybe you can consider topping up your CPF to earn good interest. Just that you cant withdraw early....

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