Work forever? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




Work forever?

Reply
 
Thread Tools
  #1 (permalink)  
Old 28-05-2007, 11:59 PM
Salary.sg
Guest
 
Posts: n/a
Default Work forever?

The Straits Times reported that Singaporeans are more keen to keep working, with about 60% of those surveyed saying they intend to work as long as possible. The global average is 40%.

The survey report is called "The Future of Retirement" and is compiled by HSBC and the Oxford Institute of Ageing.

I took a look at the media factsheet for Singapore, and also the 51-page general report. I summarize the interesting points here (with one or two comments of my own):

- 20% of the 60-79 age group and 51% of the 40-49 age group have given support to others (e.g. financial support), but as for receiving support, the proportion is about 20% to 25% for all age groups (aged 40 to 79). Why are people as old as 79 still giving support to others?
- About 63% said they will continue to work for as long as possible.
- 65% of the younger 40-49 age group feel that "life is full of opportunities".
- "Old people in Singapore miss money more than expected after retirement, bucking the global trend," says the report. 42% of retired Singaporeans said they worried about not being able to cope financially. In fact, we are 3rd out of 21 countries in terms of "missing money more than expected". Maybe we're just a money-minded society.
- Fortunately, Singapore ranks quite high with regards to feeling responsible towards their families. We are 8th out of 21 countries, behind countries like India, Malaysia and Hong Kong.
- We came in 4th (out of 21 countries) in terms of not missing work as much as expected.


http://www.salary.sg/2007/work-forever/

Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What work-life balance? Salary.sg Income and Jobs 3 04-08-2022 11:49 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,326 Replies, 4,985,865 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,051 Replies, 440,926 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,386 Replies, 2,325,312 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
172 Replies, 309,782 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
681 Replies, 389,180 Views
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,459,262 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,807 Replies, 1,045,803 Views
Career as Teacher ( 1 2 3... Last Page)
10,857 Replies, 6,673,640 Views
GovTech ( 1 2 3... Last Page)
5,164 Replies, 2,165,387 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,459 Replies, 785,108 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,768 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,608 Views
Why Is Having a Google Virtual...
1 Replies, 6,803 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,303 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,556 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,562 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,773,609 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,332,281 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,674 Views
Is getting a PMP worth it ?
4 Replies, 7,183 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,763 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,796 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,449 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,978 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,094 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,860 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 359,004 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,990 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 614,019 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,824 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:18 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2