S1E121: How the sandwich generation can get back on track: BT Money Hacks Ep 121

Jun 19, 2022

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Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

The pandemic, current market conditions of sky high inflation, geopolitical tensions and supply chain issues have decimated many people's savings and a demographic particularly affected is the sandwich class: adults who have to care for dependent children and ageing parents, usually at the expense of their own financial health. How can they revitalise their retirement savings?

For more insights, correspondent Howie Lim speaks to Elson Goh, head of Asia portfolio management, St James Place.

Highlights of the conversation:

02:15 Financial achievements of Gen S affected by supporting parents

05:45 Factors affecting value of money and savings

07:40 How to hedge against inflation: beware cash drag

09:00 Know your risk appetite and diversify

11:00 Equities a key driver to long term growth

Produced by: Howie Lim (howielim@sph.com.sg) and Christopher Lim

Edited by: Howie Lim

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