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 2 02-06-2008 11:48 PM

» 30 Recent Threads
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,059 Replies, 2,519,460 Views
Lawyer Salary ( 1 2 3... Last Page)
13,670 Replies, 4,594,776 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
231 Replies, 107,320 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,636 Replies, 1,272,724 Views
Perm to contract, increase > 2k... ( 1 2 3... Last Page)
31 Replies, 4,096 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,681 Replies, 4,349,335 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,746 Replies, 1,408,053 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
625 Replies, 97,377 Views
DBS tech seed programme ( 1 2 3... Last Page)
867 Replies, 220,252 Views
Compare civil service salary ( 1 2 3... Last Page)
12,557 Replies, 7,335,017 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,515 Replies, 730,018 Views
HDB (under MND) ( 1 2 3... Last Page)
458 Replies, 369,385 Views
Anyone work in AVA Animal Health... ( 1 2)
14 Replies, 8,845 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,006 Replies, 519,693 Views
Asset Management Salary ( 1 2 3)
25 Replies, 3,316 Views
Career as Teacher ( 1 2 3... Last Page)
4,000 Replies, 2,495,722 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,022 Replies, 737,309 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
471 Replies, 271,551 Views
ST Electronics ( 1 2 3... Last Page)
2,331 Replies, 570,377 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
63 Replies, 34,935 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
327 Replies, 452,326 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,909 Replies, 1,744,145 Views
IMDA (under MCI) ( 1 2 3... Last Page)
112 Replies, 56,910 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
350 Replies, 152,672 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,844 Replies, 607,029 Views
Breaking the Letter Of Commitment... ( 1 2 3)
27 Replies, 26,002 Views
High Finance Thread ( 1 2 3... Last Page)
298 Replies, 100,100 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,266 Replies, 640,593 Views
Unilever UFLP 2018 ( 1 2 3... Last Page)
81 Replies, 24,243 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
81 Replies, 70,290 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:38 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2