Wealth and lifestyle
Growing money towards the life you want, and what you leave behind.
Curated by the MAS-licensed financial planners on the Sum team.
Goals with dates
- House
- Education
- Travel
- Retire
A home, children's education, travel, retiring early. Each goal gets an amount, a year, and money set aside for it every month.
Regular investing
A fixed amount each month into broad funds that hold hundreds of companies. Buying every month evens out the price paid, and low costs leave more to grow.
Shares and bonds by age
100 − age % in shares, a rule of thumb
A common rule of thumb: 100 minus your age in shares, the rest in bonds and cash. At 30, about 70% in shares, and less as a goal gets close.
Spread it out
10% a common cap for one share
No single share above about 10% of investments, and money in more than one country. For many Singaporeans the home is already most of what they own, so investments elsewhere balance it.
CPF in the plan
4% Special Account, low risk
CPF's 4% is hard to beat at low risk. The CPF Investment Scheme lets Ordinary Account savings above S$20,000 and Special Account savings above S$40,000 be invested.
Growing what you leave
Once retirement is covered, money meant for children or grandchildren can be invested for longer, or held in a policy that names them. Planners call this estate maximising.