SINGAPOREANS generally have not planned well for their retirement, according to a survey by global bank HSBC.
The majority of Singaporeans polled in the survey – aged between 30 and 70 – said that they saved only $100 to $200 a month for their retirement.

This works out to a total of less than $100,000 for retirement, [...]

elderly, retirement, Singapore Hide

By Seah Chiang Nee. Sept 12, 2009
“We sat through a talk yesterday on land investment in Birmingham and was shocked when my friend immediately ploughed in S$25,000 to buy a 1,076 sq ft parcel,” an Internet surfer recently wrote.
“It had no planning permit and might take seven years to get one,” he added. Yet she [...]

boiler room, elderly, Scams, Singapore Hide

Oct. 13 (Bloomberg) — Credit controller Linda Reay was sorting the daily pile of bills back in 2005 at the bed- manufacturing factory where she worked near Carlisle, an industrial city in northwestern England. Then she took a phone call that would destroy her retirement dreams.
The smooth-talking caller identified himself as a London stockbroker named Robert [...]

boiler room, drugmaker, elderly, retirement, Scams, spain Hide