Me & My Money: Building a diversified retirement portfolio
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Bank executive Ling Seng Chuan says the costs associated with unforeseen events are not always foremost on people's minds.
ST PHOTO: KUA CHEE SIONG
SINGAPORE - Bank executive Ling Seng Chuan is far from retirement but he believes in growing his sources of passive income layer by layer to build a healthy nest egg for the day he finally quits work.
He doesn't have a one size fits all approach either, with payouts from insurance policies, the Central Provident Fund (CPF), dividends and rental income all part of the mix.
