Picture this: You are in your 30s and worried about your finances. Your mortgage has increased thanks to rising interest rates, your credit card bills are piling up, and your retirement nest egg is nowhere near where you’d hope it’d be. You thought that contributing to your CPF would be enough… but are now regretting not saving more and investing wisely in your 20s.
Sounds familiar? You are not alone. The Her World 2023 What Women Want survey revealed that 63 per cent of women surveyed have debts – predominantly housing loans and credit card bills – to clear currently, while 46 per cent believe they need to cut down on their spending. Furthermore, 41 per cent aim to retire by 60 with a targeted median savings of nearly $890,000.
Separately, an OCBC survey conducted in 2022 showed that only 41 per cent of Singaporeans are on
