Complete Guide To Buying A CareShield Life Supplement Plan

Most of us – at least those 30 and above – would be familiar with CareShield Life, Singapore’s national disability income insurance scheme that came into force on 1 October 2020. Essentially replacing the old ElderShield scheme, CareShield Life provides lifelong monthly payouts for claimants who cannot perform 3 of 6 Activities of Daily Living […]

Why The Cost Of Living In Singapore Is So High

Singapore consistently ranks at the top-end of many cost-of-living surveys internationally. Most recently, Singapore shared top spot as the world’s most expensive city with Zurich in the Economic Intelligence Unit (EIU) Worldwide Cost of Living survey, and ranked second in Mercer’s Cost of Living City Ranking. While the cost of living is beyond our control, it affects […]

How To Start Building Multiple Retirement Income Streams

This article is written in collaboration with DBS and POSB. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial policy here. […]

Here’s What Your CPF Full Retirement Sum Might Look Like When You’re 55

In Singapore, we’re trained to think about our long-term future and retirement from the day we start working. A portion of our monthly wages is channelled into our CPF accounts – and, in particular, our Special Account (SA) that’s meant for retirement savings. Of course, our CPF contributions also go into our Ordinary Account (OA) and MediSave […]

Is The Condo Dream Getting Increasingly Harder To Achieve For Singaporeans?

Growing up, owning a condominium was often considered an aspirational goal for many in Singapore. Among the five traditional Cs in Singapore, a condo was always the most expensive and, arguably, the hardest to attain. Given the limited size of our country, the growing population, and the progression of our economy, it’s no surprise that […]

How The Singapore Budget Supports Young Families In Singapore

This article was written in collaboration with the Ministry of Finance (MOF). All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research, and is purely for informational purposes and should not be relied upon as financial advice. DollarsAndSense.sg is not liable for any financial losses that may arise from […]