ST Explains: Should I downgrade my private IP plan if I can't afford the insurance premium as I age?

The top concerns of those confident of retiring by 65 include failing health and running out of money for their retirement. ST PHOTO: KUA CHEE SIONG
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SINGAPORE - Nine in 10 Singaporeans may be confident of retiring by the age of 65, but not everyone is convinced they can retire without worry.

In a survey by life and general insurer Etiqa Insurance Singapore released on Tuesday, 44 per cent of those who are confident of retiring by that age do not believe they can retire comfortably and happily.

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