SINGAPORE: At 31, Bryce Ang has an upcoming wedding and an apartment to order soon to pay. While he knows that planning early for his nest egg is also important, he wonders: is he doing enough?
Muthukumar Aiyakannu, 55, is nearing retirement. But he took on a new job after leaving the security industry this year – because he feels like he started planning too late and worries he won’t have enough medical insurance coverage.
As you plan for retirement, challenges arise at different stages of life, and financial experts always emphasize that you have to start early.
But the global COVID-19 recession – which some predict to last a year or more – could destabilize plans, with people tightening their belts or facing loss of income.
Take the example of entrepreneur Sharyln Neo, 40, who has invested his savings in his beauty business – and now has to grapple with his uncertain future. “Would I still be …
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