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Share of respondents who were financially prepared for old age in Singapore as of March 2018
Financial preparedness for old age in Singapore 2018
This statistic shows the share of respondents who were financially prepared for old age or retirement in Singapore as of March 2018. During the period surveyed, 55 percent of respondents were of the opinion that they were not financially ready for retirement or old age. In comparison, 26 percent of respondents stated that they were financially ready for retirement or old age.
Share of respondents who were financially prepared for old age in Singapore as of March 2018
Share of respondents
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Sources

Release date

September 2018

Region

Singapore

Survey time period

March 2018

Number of respondents

1,214 respondents

Age group

25 years and older

Supplementary notes

The question asked in the survey was as follows: "From a financial perspective, are you ready for 100?"

This survey is part of the Ready for 100 research program that examines the opportunities and challenges that lie ahead for Singapore’s residents, employers, healthcare practitioners and policymakers as people live longer.

Financial preparedness for old age in Singapore 2018
This statistic shows the share of respondents who were financially prepared for old age or retirement in Singapore as of March 2018. During the period surveyed, 55 percent of respondents were of the opinion that they were not financially ready for retirement or old age. In comparison, 26 percent of respondents stated that they were financially ready for retirement or old age.
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