Alcander Seow

Environmental Engineer Minor in Business at Nanyang Technological University

12 Sep 2020

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Realistically, how much can one save for the Save As You Serve Acc?

Hi, for the SAYS account with the 2% additional interest rate on top of the 0.25% base interest, saving between $50 ~ $3000 / mth, realistically how much should or can I save using the fix SAYS amount? Cos the recruit salary is about $540/mth, so unsure how much I can save in a realistic base.

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Yang Teng

12 Sep 2020

I used to put in $500 monthly for the first year. You can start with a small amount first (e.g. $200). As you progress to higher ranks and vocation, you will receive higher pay which you can then change the monthly contribution amount to something higher.

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