New CPF changes will support retirement needs for seniors: Analysts

Experts suggest that the recent changes to CPF, like increasing retirement sums and removing Special Accounts for those aged 55, will help older adults, especially those without savings plans. However, some Singaporeans interviewed by CNA aren't convinced about the advantages.

From SSS@NTU's Economics Programme, Assistant Professor Akshar Saxena emphasized the need to understand the ever-changing global market. Saxena explained that to make wise investment choices, people should keep up with daily global market trends. Given the fast-paced market changes, he highlighted the importance of creating safe and smart investment strategies.

Watch the video here.