The CPF changes announced during Budget 2024 have been receiving a range of opinions on the ground as Singaporeans who had "Special Account shielding" on their minds, question their next steps when it comes to retirement planning. Given the unpopular opinions, is this the right move to make for the primary purpose of the CPF? What do these changes mean to you as a young accumulator or a near-retiree?

In this week’s Money Wisdom episode, our CEO, Chris, encourages us to dig deeper and to ask ourselves what the original intent was for the monies left behind in our CPF balances after turning 55, should these changes not have been announced in the first place. That would give us a good idea of the next steps to take.

Here is the link to the podcast on our website: https://providend.com/s3e04-how-will-...

You can read Chris' article in The Business Times on this topic here: https://providend.com/planning-for-yo...

The philosophy of sufficiency serves as the anchor for everything we do here at Providend—whether it's planning for our clients, investing for them, or providing advice. Sufficiency is about having enough, but the question remains: when is enough truly enough? How do we find contentment in life, and what does contentment mean? To find out more, you can watch this earlier podcast episode:    • S3E02: The Brain Behind - Discovering...  

Stay tuned for our next podcast episode, where we will be going through a client case study!

Music courtesy of ItsWatR.

The host of this episode, Jin Lee, is an Associate Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia. Find out why we charge a higher fee than Robo-Advisors here: https://providend.com/heres-why-we-ch...

Want to listen to our Providend’s Money Wisdom podcast while you’re commuting to work, enjoying a workout or simply to start your week on the right foot? Follow our audio only podcast on your favourite podcast platform for new episodes fortnightly on Mondays at 8am:
▸ Spotify: https://open.spotify.com/show/5Z3FcQx...
▸ Apple Podcast: https://podcasts.apple.com/us/podcast...

If you would like an honest second opinion on your current investment portfolio,
financial outlook, or retirement plan, make an appointment with us today: https://providend.com/our-clients/ser...
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Providend is very excited to share that we are now ready to extend our service offerings to the younger accumulators who are looking for holistic, independent, conflict-free wealth advice!

For this group of younger accumulators, we know that it is not easy to make retirement planning a priority when other financial goals – buying a first home, for example, or saving for a child’s education – appear more pressing. Learn how we can help here: https://providend.com/our-clients/acc...
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▸Providend's Money Wisdom Podcast Season 3 at https://providend.com/providends-mone...

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