4-Step Retirement Budgeting in Singapore: How to AVOID Running Out of Money!! (⚡10MPPF) 🦖

🟩🟩 Are you worried about running out of money in your retirement? Do you want to learn how to budget for your golden years in Singapore? If yes, then you need to watch this video from The Investing Iguana, a YouTube channel that helps you plan for your financial future. In this video, you will learn the 4-step retirement budgeting process that will help you create a retirement income stream that covers your basic and discretionary expenses. You will also discover how to use your CPF and other retirement income insurance plans to build a safe retirement income floor. Whether you are in your 20s, 30s, 40s or beyond, this video will give you valuable insights and tips on how to retire comfortably and confidently in Singapore. Don’t miss this chance to learn from The Investing Iguana, the expert on retirement planning for Singaporeans. Watch the video now and subscribe to the channel for more useful content.

🟩 (⚡10MPPF) = TEN MINUTE PODCAST (PERSONAL FINANCE) by the Investment Iguana

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• 0:00 Introduction

• 0:42 What is retirement budgeting and why is it important?

• 1:52 Step 1: Determine your retirement age

• 3:28 Step 2: Estimate your monthly expenses in retirement

• 5:14 Step 3: Calculate your retirement income

• 7:06 Step 4: Compare your income and expenses

• 8:42 Step 5: Adjust your budget and plan accordingly

• 10:18 Step 6: Review and update your budget regularly

• 11:54 Tips and tricks to save more for retirement

• 13:36 Conclusion and call to action

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"Investing is a long-term game. Be patient, disciplined, and informed." - The Investing Iguana

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🟥 Remember, always conduct your own research and consult a financial advisor before making any investment decisions. Happy investing, and see you in the next episode!