Perceptions on having adequate retirement funds Singapore 2021

Published by Statista Research Department, May 22, 2023
According to a survey of Singaporeans' retirement knowledge as well as their engagement in the Central Provident Fund (CPF) in May 2021, 30 percent of respondents from all age groups in Singapore did not feel confident they would have enough money for retirement. Singaporeans aged 35 to 44 years accounted for the highest share of respondents who were unconfident in this regard.

Opinions on whether residents will have adequate funds for their retirement in Singapore as of May 2021

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Release date

July 2021

Region

Singapore

Survey time period

May 27 to 28, 2021

Number of respondents

1,099 respondents

Age group

21 years and older

Method of interview

Online survey

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Overview

4

Elderly population

5

Economic impact

5

Social impact

4

Retirement readiness

3

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