9 am to 6 pm

Monday to Friday

6 Battery Road

#10-01, Singapore 049909

+65 6381 6996 (Real Estate)

+65 9633 3513 (Valuation)

Compare Listings

RHT Holdings Chief Executive Officer Jayaprakash Jagateesan was quoted in The Business Times’ Views From The Top article titled “Ensuring a Sustainable Nest Egg”.

RHT Holdings Chief Executive Officer Jayaprakash Jagateesan was quoted in The Business Times’ Views From The Top article titled “Ensuring a Sustainable Nest Egg”.

The article was first published on 29 October 2018.

THIS WEEK’S TOPIC: Should the CPF withdrawal age be raised as life expectancy in Singapore rises?

Source: The Business Times

Date: 29 October 2018

I believe that the issue boils down to robust retirement planning. Any adjustment to the CPF withdrawal age must also take into consideration both the average and statutory retirement age.

As life expectancy increases, it is critical for workers to be aware and well-informed on retirement planning as they prepare for possibly increasingly longer careers. Financial discipline early on will help provide an additional future source of retirement funds on top of CPF payouts.

Employers need to adopt an inclusive approach to support an ageing workforce. By providing training, education and flexible work arrangements, we can help support the employability of older workers, enabling them to plan their retirement with more options.

img

RHT Chestertons

Related posts

Sembawang site put up for sale to pilot dementia-care village

Singapore THE Urban Redevelopment Authority (URA), on behalf of the Ministry of Health (MOH),...

Continue reading
by RHT Chestertons

Singapore Shopping Centre on en bloc market with S$255m reserve price

Singapore SINGAPORE Shopping Centre has put itself on the collective sale market with a reserve...

Continue reading
by RHT Chestertons

Property investment sales up 49% in second quarter

REAL estate investment sales surged 49 per cent quarter on quarter on the back of big-ticket...

Continue reading
by RHT Chestertons