Professional Financial And Investment Advice For Singapore ...

Professional Financial And Investment Advice For Singapore Residents

Article by Charlie Sandoval

No matter how money savvy you are, financial and investment advice helps. It?s said that hard work hardly killed anybody, but when you?re above 60 and worn out with life-time of work, hard work might kill you. A well-planned retirement scheme could save you from money worries, even help you take a great vacation.

The Truth Revealed In Singapore

The shocking truth is that almost half of the young population, who is the corporate wealthy, hardly think of saving for retirement. Only eight percent of the money-endowed professionals are sure of meeting their goals. But, seven in ten of these fiery youths believe that they should start thinking about retirement planning. This is according to Zurich International Life that surveyed the professionals, residents, and expatriates of Singapore in the age group of 20?s and 30?s.

The people who were surveyed revealed that they need anything ranging from S0,000 to S million for a cozy retirement. Thanks to the extravagant lifestyle and extending lives, money requirement for investment planning is increasing like never before. If S million does not suffice for your retirement, you better get financial and investment advice fast!

Again, most of the young professionals, no matter how influential they might be in the boardroom, still prefer to call their family or close friends for financial advice. Only a small chunk gets financial services to plan for their retirement and other benefits.

If you fear getting duped by so-called financial advisors, you must know that Singapore is a place of stringent rules. The market of Singapore is regulated. You cannot become a financial advisor just by giving a couple of advices. You must go through a tough examination process and need to fulfill certain standards to get yourself tagged as an ?advisor.

Source: http://eboden.org/?p=13732

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