#343 - Singaporeans want $6K a month to retire “in style” & Haidilao offers performance-based discount for PSLE students

An OCBC report revealed that young Singaporeans want to retire “in style”, which translates to $6K in expenses a month. We dissect the results and other surprising statistics about Singaporeans’ relationship with money. Elsewhere, Haidilao got flak after offering a performance-based discount based on one’s PSLE 2022 results. Was it really wrong of them to offer this incentive to families celebrating their child’s results?

 

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Singaporeans want $6K a month to retire “in style”

• Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report
• OCBC Financial Wellness Index - Singapore Financial Wellbeing Highlights
• OCBC Financial Wellness Index 2022 - Report Doc

Haidilao offers performance-based discount for PSLE students

• Haidilao gives PSLE students S$30 off at City Square outlet, scraps grade-based discounts

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