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PatrickSandy

06 Apr 2025

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What are the steps you would take to plan for retirement?

Came across a random video titled "8 things to do when planning for retirement" which touched on a few points like cutting back on unnecessary spending, budgeting properly, accounting for inflation, and even stuff like planning how you’ll spend your time in retirement.

Got me thinking — in the Singapore context, how would you plan for retirement?

Is it just about CPF and investments? Or are there other things you think about, like where to live, healthcare costs, whether to downgrade your flat, etc.?

Also curious how others plan for non-financial parts — like staying active, social circles, or even part-time work to stay busy.

What’s your approach (or ideal plan), especially with the cost of living these days?

https://youtu.be/dB23AwqSqaY?si=BKcj5bAHCZqVeMqz

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Ivora

8d ago

Not that you have to be extreme, but try to find fulfilment and happiness through activities that don't involve consuming/materialism.

Learn how to make stuff instead of buying stuff (this could even become a side hustle, beyond a hobby).

2.Build a passive income portfolio that generates steady dividends/income (REITs, SG blue chips, SSBs etc)

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YOC

31 May 2025

Saving up, investing,

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YY

08 Apr 2025

Financially, I would start early, as early as my first paycheck went into investments (or at leas...

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