In a financial wellness survey conducted in Singapore in 2022, working adults in their twenties reported saving 35 percent of their monthly income in cash savings. In comparison, the same survey found that working respondents aged 55 to 65 set aside 29 percent of their income.
Savings rate of working adults in Singapore in 2022, by age group
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OCBC Bank. (November 22, 2022). Savings rate of working adults in Singapore in 2022, by age group [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1322060/singapore-savings-rate-of-working-adults-by-age-group/
OCBC Bank. "Savings rate of working adults in Singapore in 2022, by age group." Chart. November 22, 2022. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1322060/singapore-savings-rate-of-working-adults-by-age-group/
OCBC Bank. (2022). Savings rate of working adults in Singapore in 2022, by age group. Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1322060/singapore-savings-rate-of-working-adults-by-age-group/
OCBC Bank. "Savings Rate of Working Adults in Singapore in 2022, by Age Group." Statista, Statista Inc., 22 Nov 2022, https://www.statista.com/statistics/1322060/singapore-savings-rate-of-working-adults-by-age-group/
OCBC Bank, Savings rate of working adults in Singapore in 2022, by age group Statista, https://www.statista.com/statistics/1322060/singapore-savings-rate-of-working-adults-by-age-group/ (last visited April 25, 2024)
Savings rate of working adults in Singapore in 2022, by age group [Graph], OCBC Bank, November 22, 2022. [Online]. Available: https://www.statista.com/statistics/1322060/singapore-savings-rate-of-working-adults-by-age-group/