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All tagged SRS
Paying taxes are part of the financial ecosystem in all civilization with no exception to Singapore. Without tax, it will be difficult for the government to move forward any plans to improve the standard of living in the long run. So why even consider reducing your tax contribution?
While we generally know the merits of saving early for our golden years, we still tend to put it off in order to meet the needs and want of “now”. Other than procrastination, another costly mistake is believing you have a retirement resource to provide sufficiently for your golden years that is in fact not secure, and conversely not tapping on resources that are available and guaranteed.
