To make sure you enjoy life to a ripe old age without outliving your retirement savings,the Government is considering making the buying of annuities compulsory for all Singaporeans.This means paying a premium to a private insurer using your CPF funds, so that when you retire, you'll get a monthly payout until the day you die.
But is it really necessary to make this mandatory?
Related Video Link : http://tinyurl.com/yofkdd
Scared Of Outliving Your Savings? Annuities Maybe An Option
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