Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report
Younger Singaporeans want to retire early but are going for costly retirement lifestyles, a study by OCBC bank found
To achieve this, they are more willing to invest in high-risk portfolios for investments
This is because they are expecting to make high and quick returns
In doing so, they may be farther away from financial wellness goals
