Looking to have start a small retirement sum for my parent with 20k. Parent is curently 50 year old. What will be good to stretch this 20k? What will you recommend?

Your parent have reach the CPF Full retirement sum, your mom is she working? or retired already?

regarding the 20k, u can invest the money as a lump sum investment. you can put into stashaway as a lump sum or a good stock to get dividends.

#planwithcolin

In my opinion, since your parent is currently 50 year old and with a sum of $20,000, you might want to look at low risk vehicles such as bonds, bond fund, high yield accounts like Singlife, or short term endowment like Tiq 3-Year Endowment Plan. All these helps in ensuring minimal volatility (however, of course low returns) and liquidity purposes.