What if your cancer treatment lasts six months — but your recovery takes another year? A recent CNA article talks about a second battle beginning after the end of treatment. When discussing critical illness coverage, I sometimes hear: “Cancer treatment shouldn’t take that long. Why would I need so much coverage?” But I think we [...]
“What kind of care would I want my parent to have… if money were not an object?” A client asked herself this recently, and the question has stayed with me. She is caring for an elderly parent with dementia. Her parent is still mobile enough to move around independently, but no longer able to fully [...]
What is the financial consultant's equivalent of making 100,000 shots? This video stayed with me because it captures something I think about often: mastery is rarely the result of one breakthrough. It is built through thousands of deliberate repetitions—practising, reviewing and refining the small details that most people never see. I have been in financial [...]
A recent meeting with a new prospect reminded me that maturity has little to do with age. He was just 21, had only recently started working, and was introduced to me by an existing client. When we met, I expected our conversation to revolve around investing—because that is usually what excites young adults most. Instead, [...]
Some of the best decisions Singapore ever made probably looked unnecessary at the time. That was what came to mind when PM Lawrence Wong spoke at the National Day Rally about Singapore needing to plan not just 5 or 10 years ahead, but 50, 70, even 100 years into the future. It sounds impressive. But [...]
$8,000 a month for eldercare sounds like a luxury.But perhaps the real luxury is having a choice.Singapore’s first private assisted-living development has opened, with fees starting from about $8,000 a month and exceeding $13,000 for larger apartments.The headline figures will understandably attract attention. But to me, the more important conversation is not whether this particular [...]
𝗧𝗵𝗲 𝗿𝗲𝗰𝗲𝗻𝘁 𝗖𝗣𝗙 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗴𝗼𝘁 𝗺𝗲 𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗮𝗯𝗼𝘂𝘁 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗜 𝘀𝗲𝗲 𝗾𝘂𝗶𝘁𝗲 𝗼𝗳𝘁𝗲𝗻 𝘄𝗶𝘁𝗵 𝗺𝘆 𝗰𝗹𝗶𝗲𝗻𝘁𝘀.When we talk about retirement adequacy, many people tend to focus heavily on their investment portfolio.“How much can I earn?”“Should I invest my CPF to get higher returns?”“Why leave money in CPF at 2.5% when I could potentially earn more [...]
1 July 2026 deadline is coming... That is when our statutory retirement age is increasing to 64. Why does that concern you? First, it means that your employer cannot force you to retire before 64. This gives workers the assurance that they can continue working at least till 64 if needed. Secondly, this will impact [...]
Just completed a 3-day Gen AI course — and I left with one uncomfortable thought: 𝗔𝗜 𝗺𝗮𝘆 𝗻𝗼𝘁 𝗿𝗲𝗽𝗹𝗮𝗰𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝘀𝗼𝗿𝘀.𝗕𝘂𝘁 𝗶𝘁 𝘄𝗶𝗹𝗹 𝗲𝘅𝗽𝗼𝘀𝗲 𝘄𝗵𝗶𝗰𝗵 𝗮𝗱𝘃𝗶𝘀𝗼𝗿𝘀 𝘄𝗲𝗿𝗲 𝗼𝗻𝗹𝘆 𝗽𝗿𝗼𝘃𝗶𝗱𝗶𝗻𝗴 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻. The deeper implications for financial planning are not just about productivity.They’re about trust, behaviour, judgment, and how clients make decisions. Here are 5 shifts I [...]
Can you imagine what insurance premiums and long-term care costs will be at 16% inflation? If nursing home costs $3,000/m today, at 16% inflation, in 20 years time, it will cost $58,000/m! This is definitely an exaggeration, but it's just to illustrate how significant a 16% inflation actually is. This is precisely why there is [...]
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