The Straits Times Podcasts S1E12: Building in more certainty in your retirement planning
Learn about retirement 'pay-cheques' and 'play-cheques'.
Synopsis: Every third Monday of the month, hosts Lee Su Shyan and Ven Sreenivasan - both associate editors at The Straits Times - offer you an extra edge in managing your hard-earned money.
In this episode, host Lee Su Shyan hears from her guest Elijah Lee, senior financial services manager at PhillipCapital, on how to build in more certainty in retirement planning despite increasingly uncertain times.
Highlights (click/tap above):
1:40 Evaluate the cashflows you will receive during retirement
3:15 Essential spending and what’s a retirement 'pay-cheque'
5:19 What else can you consider if CPF Life payouts are insufficient?
7:25 Discretionary spending and the concept of a retirement 'play-cheque'
9:10 Is it too early in your 20s to start, or too late in your early 50s? When is the best time to start thinking of investing for retirement?
Produced by: Lee Su Shyan (sushyan@sph.com.sg), Ernest Luis, Teo Tong Kai and Eden Soh
Edited by: Teo Tong Kai
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Special edition series:
True Crimes Of Asia (new): https://str.sg/i44T
The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2
Invisible Asia (9 eps): https://str.sg/wuZn
Stop Scams (10 eps): https://str.sg/wuZB
Singapore's War On Covid (5 eps): https://str.sg/wuJa
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