Anonymous

26 May 2021

∙

General Investing

I am a 24 year old female who has just started working full-time this year and abit bth la so I am already thinking of retirement. As such, I would like to ask about the steps to plan for retirement?

I have my insurance (i.e hospital plan, whole life with ECI + CI plan) sorted out. Currently aiming to hit my 6 months emergency fund which will probably be around Feb/Mar 2021. Thereafter, I would like to begin investing for my retirement. I will have about $1K/month to spare and would like to find out how I can plan for my retirement + some investment options to consider. Looking into ETFs at the moment but open to other options as well!

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kirby

22d ago

Buy CSPX / QQQ for growth and sg bank stocks for dividends.

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diamondhands

22 Jun 2023

Gd that you're planning so early! While it is encouraged to start early, do not lose sight of your near term goals too like house/marriage/kids..You can plan your retirement w/o neglecting other areas too.

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1M45

Edited 17 Oct 2021

For your reference:

To me inorder to retire your monthly cashflow must be sufficient. You may o...

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