How should I start to plan for my retirement? Please share where can I start with? CPF retirement account?

For me, CPF is considered a backup for basic retirement. Might have to do more if you want more.

Start by estimating how you need in retirement (based on ur expenses) and see how long u think you need it for.

There are a million and one different approaches to retirement planning. I follow this five-step plan to retirement planning:
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1. Define your retirement goals

• Family and inheritance

• Paying off your house mortgage

• Financing your ideal retirement lifestyle

• Having an emergency reserve

• Travel

• Charitable giving

• Hobbies such as landscaping

• Realising a new business

• Pursuing a different career path
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2. Anticipate your retirement spending needs.
   Knowing your retirement age and goals, you can then do some guesswork to quantify the required savings involved. Since we’re thinking decades ahead, you will also need to adjust for inflation. I used this retirement calculator which already accounts for inflation.
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3. Start saving smart and investing early

• Central Provident Fund (CPF)

• Supplementary Retirement Scheme (SRS)

• Insurance policies and private annuities
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4. Diversify your investment portfolio
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5. Consider your decumulation strategy

CPF Life is a national annuity scheme that provides you with monthly payout for as long as you live, starting from age 65. The monthly payouts are withdrawn from your CPF RA (Retirement Account) balance, while the exact amount depends on which plan you choose – Basic, Standard, or Escalating. CPF Life alone however, often isn’t enough for most Singaporeans’ retirement lifestyles. You can however, also opt for private annuity plans to help bolster your retirement income.

If your taxes are in the xx% bracket, definitely consider topping up your CPF SA and even SRS, since money saved is money earned :)

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If you aren't concerned about your taxes and would like to keep your money liquid, definitely look to dollar cost average into the markets - perhaps start off with SG stocks that has lower volatility and is closer to home, before looking at US stocks after you are more accustomed to investing.

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Investing for retirement is a long journey, but one that's critical and important.