According to a survey of Singaporeans' retirement knowledge as well as their engagement in the Central Provident Fund (CPF) in May 2021, 35 percent of respondents aged 35 to 44 years in Singapore did not feel confident they would have enough money for retirement. This age group is sometimes referred to as the sandwiched generation, as they tend to bear the responsibilities of taking care of their young children as well as their elderly parents. This situation could make it challenging to save enough for their retirement.
Opinions on residents between 35 to 44 years having adequate funds for their retirement in Singapore as of May 2021
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Endowus. (July 28, 2021). Opinions on residents between 35 to 44 years having adequate funds for their retirement in Singapore as of May 2021 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1269871/singapore-sandwiched-generation-and-retirement-adequacy/
Endowus. "Opinions on residents between 35 to 44 years having adequate funds for their retirement in Singapore as of May 2021." Chart. July 28, 2021. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1269871/singapore-sandwiched-generation-and-retirement-adequacy/
Endowus. (2021). Opinions on residents between 35 to 44 years having adequate funds for their retirement in Singapore as of May 2021. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1269871/singapore-sandwiched-generation-and-retirement-adequacy/
Endowus. "Opinions on Residents between 35 to 44 Years Having Adequate Funds for Their Retirement in Singapore as of May 2021." Statista, Statista Inc., 28 Jul 2021, https://www.statista.com/statistics/1269871/singapore-sandwiched-generation-and-retirement-adequacy/
Endowus, Opinions on residents between 35 to 44 years having adequate funds for their retirement in Singapore as of May 2021 Statista, https://www.statista.com/statistics/1269871/singapore-sandwiched-generation-and-retirement-adequacy/ (last visited November 09, 2024)
Opinions on residents between 35 to 44 years having adequate funds for their retirement in Singapore as of May 2021 [Graph], Endowus, July 28, 2021. [Online]. Available: https://www.statista.com/statistics/1269871/singapore-sandwiched-generation-and-retirement-adequacy/
