"It seems many Singaporeans are being asked not to set aside the Full Retirement Sum (FRS) in their RA at age 55. Instead, they are advised to set aside only the Basic Retirement Sum (BRS) - which is half of the FRS - by pledging their property, and to redirect the other half into an ILP'", wrote Christopher Tan, CEO of Providend, in a recent article in the Business Times.

Michelle Martin unpacks the trade-offs between certainty and growth when taking such advice.

Chris explains why projected returns can sometimes create a false sense of security and the risks retirees face if they follow such recommendations and markets fall early in retirement. 

Discover how CPF LIFE fits into a retirement portfolio and what questions investors should ask before making long-term decisions.

"It seems many Singaporeans are being asked not to set aside the Full Retirement Sum (FRS) in their RA at age 55.&nbsp;Instead, they are advised to set aside only the Basic Retirement Sum (BRS) - which is half of the FRS - by pledging their property, and to redirect the other half into an ILP'", wrote Christopher Tan, CEO of Providend, in a recent article in the Business Times.
Michelle Martin unpacks the trade-offs between certainty and growth when taking such advice.
Chris explains why projected returns can sometimes create a false sense of security and the risks retirees face if they follow such recommendations and markets fall early in retirement.&nbsp;
Discover how CPF LIFE fits into a retirement portfolio and what questions investors should ask before making long-term decisions.

Start your day on a positive note with Live Well with Michelle Martin.

Start your day on a positive note with Live Well with Michelle Martin.

The show explores wellbeing in all its dimensions — from self-awareness and personal growth to money, investing, and everyday lifestyle. Through thoughtful interviews and engaging conversations, Michelle speaks with experts and changemakers on living and ageing well, while helping you discover new ideas — from great books on READ and inspiring voices on INFLUENCE, to practical financial insights on MONEY AND ME.

In a fast-moving world that can often feel overwhelming, Live Well offers a refreshing counterpoint — with insights, ideas and stories that help you feel informed, empowered and ready to take on the day.

Start your day on a positive note with Live Well with Michelle Martin.
The show explores wellbeing in all its dimensions &mdash; from self-awareness and personal growth to money, investing, and everyday lifestyle. Through thoughtful interviews and engaging conversations, Michelle speaks with experts and changemakers on living and ageing well, while helping you discover new ideas &mdash; from great books on READ and inspiring voices on INFLUENCE, to practical financial insights on MONEY AND ME.
In a fast-moving world that can often feel overwhelming, Live Well offers a refreshing counterpoint &mdash; with insights, ideas and stories that help you feel informed, empowered and ready to take on the day.