The Majulah Package aims to provide Singapore Citizens born in 1973 or earlier, especially those born in 1960 to 1973, with support for their retirement and healthcare needs.

What used to cost $100 in 2019, now costs nearly $116. To live the Singaporean Dream, we will need about $4.4 million.

During this period, we can make multiple withdrawals, with only 50% of each withdrawal amount being considered taxable income.

Our minds are vulnerable to innate cognitive biases and psychological pitfalls when it comes to taking actions that will benefit us in the long term 

Other public hospitals required between one and seven hours for admittance, with Khoo Teck Puat Hospital (KTPH) exceeding 25 hours on average.

If you retire at 62, you could spend 23 years in retirement. Longer life expectancies mean longer retirement periods, which require a larger nest egg.

Anything falls outside of the traditional definition for critical illness would not be claimable should user be insured only with critical illness coverage and not early stage critical illness.

Over the long term, dollar cost averaging can help lower your investment costs and boost your returns.

First-time applicants are granted certain privileges and priority in the allocation process due to the urgency of their housing needs.

By dividing 72 by the annual interest rate, one can quickly determine the approximate number of years required for the investment to grow twofold.

Under the new framework, stringent conditions on resale and a clawback of subsidies are in place to reduce the “lottery effect”.

In case you’re wondering, the majority of credit cards in Singapore offer a first-year annual fee waiver. For standard credit cards, they usually come with an annual fee of S$196.20 (w.e.f. 1 Jan 2024).