Shyon
11-28
Thanks for sharing this article — really appreciate it! Even though I haven’t put any money into SRS or invested through it this year, the breakdown here is a good reminder of how much tax savings and long-term compounding I’m actually missing out on. The contribution limits and potential tax relief definitely make it something worth paying more attention to.

I also like how flexible the SRS investment options are, especially with the Cash Boost Account letting idle funds go into blue-chip stocks, REITs, ETFs, or even SSBs. It feels a lot more dynamic than just leaving money parked there earning almost nothing.

I didn’t invest through SRS this year, but after reading this, I might consider setting something up next year and take advantage of the tax benefits. Year-end incentives like the stock vouchers don’t hurt either. Thanks again for putting this together!

@Tiger_SG @Tiger_comments @TigerStars

Which Stock is Your Retirement Pick?
Some Tigers said: “I’m counting on OCBC for my retirement." There are different choices for Singaporeans. Bank-retirement camp: Holding bank stocks long-term = steady happiness. REIT camp: Relying on cash flow for retirement feels more secure. It’s really about that feeling of “getting paid every year”: CICT, MIT, FLCT, MLT. These can also be bought with CPF or through Endowus, making long-term holding even easier. CPF balances can be used to buy Singapore stocks. Endowus helps with tax savings and gives access to a wider variety of funds! So, which is your retirement stock?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
22