How much of my salary should I allocate to saving for retirement and housing if I'm 21? Assuming I plan to move out in 10 years?

30% for retirement, 30% for housing, 40% for daily expenditure, that's 30% for investment, 30% for savings, 40% for daily expenditure. Just my humble opinion.

Can't really give much input here without further details.

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1. Moving out in 10 years. Getting married and getting a BTO? Or renting? Either will present different challenges in cash flow

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2. Retirement. How much do you know about investing? You do have a long horizon ahead of you for retirement. Can do some reading to know about the different types of financial instruments that can get you towards retirement. Talk to older friends who are preparing for retirement and get some ideas. Set aside funds each month for savings and towards investments. It's getting easier these days to start investing, but you need to be sure you are investing in the right ones.

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