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Singaporeans rely on personal savings and investments for retirement: Nielsen

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Singaporeans rely on personal savings and investments for retirement: Nielsen

78 percent of Singaporeans are confident about utilising personal savings and investments as their primary source of income after retirement, according to results of the latest The Nielsen Global Survey about Aging. 

Conducted between August and September 2013, the survey polled more than 30,000 Internet respondents in 60 countries.

Results also show that 29 percent of Singaporeans plan to retire before they reach 60, with the ideal retirement age for almost half of them being younger than their planned or actual retirement age.

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