Boosting income streams for your golden years

With rising inflation today reducing the real rate of return of bank savings, growing your retirement nest egg is a challenge, but there are still a number of investment vehicles that prospective retirees can consider

Investing in today's environment for tomorrow's retirement is a challenge but it can be done. ST PHOTO: GIN TAY
New: Gift this subscriber-only story to your friends and family

With rising inflation today reducing the real rate of return of bank savings, growing your retirement nest egg is a challenge, but there are still a number of investment vehicles that prospective retirees can consider

Investing in today's environment for tomorrow's retirement is a challenge but it can be done: Taking on more risk for higher income is one way and starting early is ideal, of course.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.