{"id":278837,"date":"2023-08-08T15:00:14","date_gmt":"2023-08-08T07:00:14","guid":{"rendered":"https:\/\/thehoneycombers.com\/singapore\/?p=278837"},"modified":"2024-12-11T15:01:21","modified_gmt":"2024-12-11T07:01:21","slug":"retirement-job-singapore","status":"publish","type":"post","link":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/","title":{"rendered":"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs"},"content":{"rendered":"

Inflation is real, and it\u2019s kicking our butts. To illustrate, let\u2019s go back to the 90s when a cup of coffee<\/a> at the hawker centre<\/a> cost 40 cents. Today, you pay around $1.20. That\u2019s a three-time price increase, yikes! It doesn\u2019t help that we\u2019re living in Singapore<\/a>, recently ranked by Julius Baer Group<\/a> as the most expensive city in the world. Our country also emerged tops (alongside New York City) in The Economist Intelligence Unit<\/a>\u2019s Worldwide Cost of Living 2022 survey. Typically, we\u2019d rejoice at high rankings, but being dubbed the most expensive place to live in is nothing to shout about.<\/p>\n

To rub more salt into the wound, it was recently reported that a 12-year-old Australian multi-millionaire threw a lavish \u201cretirement party\u201d ahead of her move to Singapore. Meanwhile, I\u2019m over three times her age and still wonder if I can save enough to retire comfortably when the time comes. I suspect I\u2019m not alone in this predicament.<\/p>\n

Are you in the running to become the next top retiree?<\/h3>\n
\"Retirement
Photography: Gustavo Fring via Pexels<\/figcaption><\/figure>\n

According to Singlife\u2019s Financial Freedom Index 2023, 70% of those polled said they\u2019re not confident they can retire anytime soon. Merely four out of 10 have started planning for retirement and can estimate how much they\u2019ll need. In another survey conducted by Income Insurance in September 2021, a third of participants said they\u2019d rather work until they\u2019re unable to do so, while the remaining hope to retire by 65. What about you? Which side of the fence are you on?<\/p>\n

We get it: retirement planning doesn\u2019t sound like much fun. But just because you\u2019re still young and agile doesn\u2019t mean you can\u2019t (or shouldn\u2019t) prepare for your future. Plus, planning for your golden years isn’t an easy, one-off exercise. You\u2019ll have to assess and adjust your plans continually.<\/p>\n

Seow Kai Lun, managing editor of The Simple Sum<\/a>, an online platform that delivers easy-to-understand and entertaining personal finance tips, suggests drawing up a projected retirement expenses plan. It should include daily expenditures such as meals and housing, healthcare costs, emergency funds, and your retirement lifestyle.<\/p>\n

\u201cFor most people, retirement is when they imagine travelling<\/a> the world or pursuing hobbies they never had the time for when they were younger. If there\u2019s anything on their retirement bucket list that\u2019ll cost money, they should have enough set aside to pursue it,\u201d she explains. So take a moment to think about the lifestyle you want to have at that stage of your life.<\/p>\n

Being debt-free during retirement is another thing Kai Lun highlights. Regular payments should be included in the projected expenses, and this includes housing and car loans. Although, let’s face it: no one wants to pay off debts in their golden years.<\/p>\n

All that sounds simple, right? Well, not quite \u2013 we need to talk about inflation too.<\/p>\n

How inflation (and age) factor into retirement planning in Singapore<\/h3>\n
\"Retirement
Photography: Mikhail Nilov via Pexels<\/figcaption><\/figure>\n

Things in Singapore are getting more expensive each year because of the GST increase and inflation silently killing our purchasing power over time. A survey<\/a> carried out by Milieu Insight and Seedly in 2022 found that eight in 10 Singaporeans\u2019 personal financial situations have been severely affected by inflation. Rising prices are most likely to affect lower-income groups and the older generation. When it comes to retirement planning, over 30% of the survey respondents believe their preparations will be impacted by inflation.<\/p>\n

This is why Kai Lun advises factoring inflation in when preparing for the future. \u201cFor example: if we estimate needing $5,000 a month for retirement in today\u2019s currency, that means we\u2019ll need $9,057 in 30 years. That is if we assume inflation to be 2% annually.\u201d<\/p>\n

If you\u2019re curious about how much to set aside for the future, CPF\u2019s Retirement Estimator<\/a> can help you compute. I\u2019ve tinkered around with the calculator, and the results stressed me. But don\u2019t panic when you see the final numbers! The estimator\u2019s a good gauge for understanding how inflation impacts your life and retirement later.<\/p>\n

Besides rising costs, life expectancy also plays a part in planning for retirement. The average life expectancy for men in Singapore is 80.7, while it\u2019s 85.5 for women. As women are expected to live longer, they\u2019ll need to save more for when they\u2019re older. That\u2019s why it\u2019s also pertinent for them to plan early, given that they\u2019re more likely to have an income break when they decide to have children<\/a>.<\/p>\n

There\u2019s a silver lining to all this, though. Tan Chuan How, Income Insurance<\/a>\u2019s chief agency officer, notes the emerging trend among women in Singapore being more proactive about retirement planning. Ultimately, age and gender shouldn\u2019t matter \u2013 everyone should take the necessary steps to secure their retirement.<\/p>\n

Better late than never \u2013 though earlier is best<\/h3>\n
\"Retirement
Photography: Tima Miroshnichenko via Pexels<\/figcaption><\/figure>\n

So, when should we start saving for retirement? Ideally, as early as possible.<\/p>\n

\u201cAlthough retirement planning may seem far off, don\u2019t be misled by this illusion. The sooner you start funding a retirement account, the more time you\u2019ll have to accumulate savings<\/a> for your dream retirement lifestyle,\u201d says Chuan How. He encourages taking up a flexible plan that jives with your desired retirement age and the payouts you want to receive to support your retirement lifestyle. That way, you don\u2019t have to worry about money after you stop working, since you\u2019re getting a certain level of guaranteed income.<\/p>\n

However, not everyone can start saving for retirement or set aside money every month. If you\u2019re in the same boat, Chuan How suggests adjusting your monthly expenditure by prioritising your future needs and deciding what to cut back on. He also recommends growing your CPF retirement savings by investing through the CPFIS scheme or topping up your Special Account.<\/p>\n

There\u2019s one myth that has to be debunked, and that is the idea that savings<\/a> and CPF are enough to fund your retirement. That largely depends on the lifestyle you envision during your golden years \u2013 just banking on savings and CPF alone may not be truly sustainable. Both Kai Lun and Chuan How advise taking the time to look at investment options or other financial instruments that can help you grow your retirement pot.<\/p>\n

If you intend to invest, assess your risk tolerance. You want to grow your money, not lose it! Tip: UOB\u2019s risk profiling page<\/a> can determine your risk appetite and plans to consider. According to Chuan How, investment plans, additional healthcare protection, savings, and CPF can help supplement your income during retirement and cover medical costs.<\/p>\n

Kai Lun also recommends partaking in passion projects or part-time work after officially retiring. She firmly believes there\u2019s potential to continue earning an income even beyond retirement and re-employment ages in Singapore. This can mean starting your own home-based business, working at a restaurant<\/a>, or taking up paid volunteering<\/a> work.<\/p>\n

So, is it possible to retire comfortably in Singapore?<\/h3>\n
\"Retirement
Photography: Huy Phan via Pexels<\/figcaption><\/figure>\n

This topic left me pondering all the more after my financial advisor<\/a> asked about my ideal retirement age. Can you retire comfortably in Singapore, even with rising costs and inflation? What it looks like differs for every individual. That’s why you must assess your expectations around retirement. Do you plan to travel extensively and see the world? Or perhaps you\u2019re happy to lead a quiet, simple life.<\/p>\n

I haven\u2019t thought about what I want to do after I retire, though I hope to stop working when I turn 65. What about rising costs and inflation? They\u2019re inevitable, so the only thing I can do is diligently ensure I have enough money for my future.<\/p>\n

Kai Lun says your best chance of comfortably retiring is understanding what you need in terms of planning and the type of retirement you want. Be mindful when taking care of your finances. Eventually, you\u2019ll have enough for a smooth retirement in Singapore. I mean, who wants to worry about money when they\u2019re old and grey? Definitely not me.<\/p>\n","protected":false},"excerpt":{"rendered":"

Inflation is real, and it\u2019s kicking our butts. To illustrate, let\u2019s go back to the 90s when a cup of coffee at the hawker centre cost 40 cents. Today, you pay around $1.20. That\u2019s a three-time price increase, yikes! It doesn\u2019t help that we\u2019re living in Singapore, recently ranked by Julius Baer Group as the […]<\/p>\n","protected":false},"author":107587,"featured_media":278842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false},"categories":[137317],"tags":[142240,25390,145509],"acf":[],"yoast_head":"\nHow to prep for retirement amid rising costs in Singapore | Honeycombers<\/title>\n<meta name=\"description\" content=\"With GST, rising living costs, and inflation in Singapore, is it possible to plan for a smooth retirement? The answer is yes, and we know how.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs\" \/>\n<meta property=\"og:description\" content=\"Inflation is real, and it\u2019s kicking our butts. To illustrate, let\u2019s go back to the 90s when a cup of coffee at the hawker centre cost 40 cents. Today, you\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\" \/>\n<meta property=\"og:site_name\" content=\"Honeycombers Singapore\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thehoneycombers\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-08T07:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-11T07:01:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sufyan Saad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@honeycombers\" \/>\n<meta name=\"twitter:site\" content=\"@honeycombers\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sufyan Saad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\"},\"author\":{\"name\":\"Sufyan Saad\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/person\/b2b76b2c49a2db90d1d40cb0e6948126\"},\"headline\":\"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs\",\"datePublished\":\"2023-08-08T07:00:14+00:00\",\"dateModified\":\"2024-12-11T07:01:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\"},\"wordCount\":1397,\"publisher\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#organization\"},\"image\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg\",\"keywords\":[\"finance Singapore\",\"money\",\"personal finance singapore\"],\"articleSection\":[\"Work & Money\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\",\"url\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\",\"name\":\"How to prep for retirement amid rising costs in Singapore | Honeycombers\",\"isPartOf\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg\",\"datePublished\":\"2023-08-08T07:00:14+00:00\",\"dateModified\":\"2024-12-11T07:01:21+00:00\",\"description\":\"With GST, rising living costs, and inflation in Singapore, is it possible to plan for a smooth retirement? The answer is yes, and we know how.\",\"breadcrumb\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage\",\"url\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg\",\"contentUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg\",\"width\":1400,\"height\":1000,\"caption\":\"Photography: Vlada Karpovich via Pexels\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thehoneycombers.com\/singapore\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#website\",\"url\":\"https:\/\/thehoneycombers.com\/singapore\/\",\"name\":\"Honeycombers\",\"description\":\"Restaurants, Bars, Fashion, Style and Things to Do in Singapore\",\"publisher\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thehoneycombers.com\/singapore\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#organization\",\"name\":\"Honeycombers\",\"url\":\"https:\/\/thehoneycombers.com\/singapore\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2022\/03\/honeycombers-hex-logo.png\",\"contentUrl\":\"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2022\/03\/honeycombers-hex-logo.png\",\"width\":1000,\"height\":1000,\"caption\":\"Honeycombers\"},\"image\":{\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thehoneycombers\/\",\"https:\/\/x.com\/honeycombers\",\"https:\/\/www.instagram.com\/honeycombers\/\",\"https:\/\/www.linkedin.com\/company\/honeycombers\",\"https:\/\/www.tiktok.com\/@thehoneycombers\"],\"email\":\"hello@thehoneycombers.com\",\"legalName\":\"Honeycombers Pte. Ltd.\",\"vatID\":\"201317004K\",\"taxID\":\"201317004K\",\"publishingPrinciples\":\"https:\/\/thehoneycombers.com\/singapore\/about-us\/\",\"ethicsPolicy\":\"https:\/\/thehoneycombers.com\/singapore\/about-us\/\",\"diversityPolicy\":\"https:\/\/thehoneycombers.com\/singapore\/about-us\/\",\"diversityStaffingReport\":\"https:\/\/thehoneycombers.com\/singapore\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/person\/b2b76b2c49a2db90d1d40cb0e6948126\",\"name\":\"Sufyan Saad\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6c5bb0c6ae806f189898fd4f8b8147cf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6c5bb0c6ae806f189898fd4f8b8147cf?s=96&d=mm&r=g\",\"caption\":\"Sufyan Saad\"},\"description\":\"Meow! As our Senior Lifestyle Writer (and proud personality hire), Sufyan chases the city's tastiest eats & buzziest happenings, and plots his next travel escape. He\u2019s a relapsed workaholic who claims classical music keeps him sharp (the jury's still out). For all else, Google him\u2026 but skip the part about his yuan yang and oat milk intake.\",\"url\":\"https:\/\/thehoneycombers.com\/singapore\/author\/sufyan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How to prep for retirement amid rising costs in Singapore | Honeycombers","description":"With GST, rising living costs, and inflation in Singapore, is it possible to plan for a smooth retirement? The answer is yes, and we know how.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/","og_locale":"en_GB","og_type":"article","og_title":"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs","og_description":"Inflation is real, and it\u2019s kicking our butts. To illustrate, let\u2019s go back to the 90s when a cup of coffee at the hawker centre cost 40 cents. Today, you","og_url":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/","og_site_name":"Honeycombers Singapore","article_publisher":"https:\/\/www.facebook.com\/thehoneycombers\/","article_published_time":"2023-08-08T07:00:14+00:00","article_modified_time":"2024-12-11T07:01:21+00:00","og_image":[{"width":1400,"height":1000,"url":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg","type":"image\/jpeg"}],"author":"Sufyan Saad","twitter_card":"summary_large_image","twitter_creator":"@honeycombers","twitter_site":"@honeycombers","twitter_misc":{"Written by":"Sufyan Saad","Estimated reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#article","isPartOf":{"@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/"},"author":{"name":"Sufyan Saad","@id":"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/person\/b2b76b2c49a2db90d1d40cb0e6948126"},"headline":"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs","datePublished":"2023-08-08T07:00:14+00:00","dateModified":"2024-12-11T07:01:21+00:00","mainEntityOfPage":{"@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/"},"wordCount":1397,"publisher":{"@id":"https:\/\/thehoneycombers.com\/singapore\/#organization"},"image":{"@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage"},"thumbnailUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg","keywords":["finance Singapore","money","personal finance singapore"],"articleSection":["Work & Money"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/","url":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/","name":"How to prep for retirement amid rising costs in Singapore | Honeycombers","isPartOf":{"@id":"https:\/\/thehoneycombers.com\/singapore\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage"},"image":{"@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage"},"thumbnailUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg","datePublished":"2023-08-08T07:00:14+00:00","dateModified":"2024-12-11T07:01:21+00:00","description":"With GST, rising living costs, and inflation in Singapore, is it possible to plan for a smooth retirement? The answer is yes, and we know how.","breadcrumb":{"@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#primaryimage","url":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg","contentUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2023\/08\/retirement-planning-vlada-karpovich-pexels.jpg","width":1400,"height":1000,"caption":"Photography: Vlada Karpovich via Pexels"},{"@type":"BreadcrumbList","@id":"https:\/\/thehoneycombers.com\/singapore\/retirement-job-singapore\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thehoneycombers.com\/singapore\/"},{"@type":"ListItem","position":2,"name":"Is it time to ditch the $10 latte? How to prepare for retirement in Singapore amidst rising costs"}]},{"@type":"WebSite","@id":"https:\/\/thehoneycombers.com\/singapore\/#website","url":"https:\/\/thehoneycombers.com\/singapore\/","name":"Honeycombers","description":"Restaurants, Bars, Fashion, Style and Things to Do in Singapore","publisher":{"@id":"https:\/\/thehoneycombers.com\/singapore\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thehoneycombers.com\/singapore\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/thehoneycombers.com\/singapore\/#organization","name":"Honeycombers","url":"https:\/\/thehoneycombers.com\/singapore\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/logo\/image\/","url":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2022\/03\/honeycombers-hex-logo.png","contentUrl":"https:\/\/static.thehoneycombers.com\/wp-content\/uploads\/sites\/2\/2022\/03\/honeycombers-hex-logo.png","width":1000,"height":1000,"caption":"Honeycombers"},"image":{"@id":"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thehoneycombers\/","https:\/\/x.com\/honeycombers","https:\/\/www.instagram.com\/honeycombers\/","https:\/\/www.linkedin.com\/company\/honeycombers","https:\/\/www.tiktok.com\/@thehoneycombers"],"email":"hello@thehoneycombers.com","legalName":"Honeycombers Pte. Ltd.","vatID":"201317004K","taxID":"201317004K","publishingPrinciples":"https:\/\/thehoneycombers.com\/singapore\/about-us\/","ethicsPolicy":"https:\/\/thehoneycombers.com\/singapore\/about-us\/","diversityPolicy":"https:\/\/thehoneycombers.com\/singapore\/about-us\/","diversityStaffingReport":"https:\/\/thehoneycombers.com\/singapore\/about-us\/"},{"@type":"Person","@id":"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/person\/b2b76b2c49a2db90d1d40cb0e6948126","name":"Sufyan Saad","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/thehoneycombers.com\/singapore\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6c5bb0c6ae806f189898fd4f8b8147cf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6c5bb0c6ae806f189898fd4f8b8147cf?s=96&d=mm&r=g","caption":"Sufyan Saad"},"description":"Meow! As our Senior Lifestyle Writer (and proud personality hire), Sufyan chases the city's tastiest eats & buzziest happenings, and plots his next travel escape. He\u2019s a relapsed workaholic who claims classical music keeps him sharp (the jury's still out). For all else, Google him\u2026 but skip the part about his yuan yang and oat milk intake.","url":"https:\/\/thehoneycombers.com\/singapore\/author\/sufyan\/"}]}},"_links":{"self":[{"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/posts\/278837"}],"collection":[{"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/users\/107587"}],"replies":[{"embeddable":true,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/comments?post=278837"}],"version-history":[{"count":3,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/posts\/278837\/revisions"}],"predecessor-version":[{"id":309531,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/posts\/278837\/revisions\/309531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/media\/278842"}],"wp:attachment":[{"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/media?parent=278837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/categories?post=278837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thehoneycombers.com\/singapore\/wp-json\/wp\/v2\/tags?post=278837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}