Singapore is the most expensive country to retire in
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Description
We talk about this infographic that compares the cost of retiring around the world. Singapore is the most expensive country apparently. We discuss why this is so and what Singaporeans can do. Source: https://theindependent.sg/singapore-allegedly-the-most-expensive-country-for-americans-to-comfortably-retire-in/ Original source: https://www.netcredit.com/blog/cost-of-retirement/ (The link to the original source article doesn't seem to be working anymore but you can still find the infographic if you google 'Netcredit cost of retiring around the world'.) Timestamps: 0:00 Intro 2:18 Reasons why Singapore is the most expensive country to retire in 2:24 Singapore's unique position as a city-state 3:22 Retiring in Malaysia? 6:16 Retiring in Australia? 9:09 Retiring in Japan? 11:14 Prices of retiring at different countries 11:49 Pros and cons of retiring overseas 11:56 The value of the Singapore dollar 13:24 Size of the country where you retire 14:36 Pace of life 17:10 Leaving your relationships 18:42 Giving up local identity 20:01 Learning new language nd culture 20:43 Raising kids 24:14 Giving up safety 24:50 Economic mobility 28:00 is it wrong to leave your country of birth to retire? 32:00 Looking at Southeast Asia as a whole 34:34 Does the productivity of residents matter to governments? 36:52 Attestupa 39:17 Elderly people retiring 42:13 Should Singaporeans consider retiring overseas?
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Published 10/08/24
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