Use Census 2020 to plan your own retirement
Getting a peek at growing trends, such as the ageing population, should signal how older folk will need more help
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HDB flats in Punggol, with yachts and boats berthed at Marina Country Club. The census noted that about 78.7 per cent of households here live in an HDB flat. However, not all HDB flats are equal, says the writer. Some are more valuable due to location and you have the option to sell and downgrade to a cheaper one if you find yourself short of cash in old age.
ST PHOTO: LIM YAOHUI
The latest Census of Population has not only uncovered new trends that policymakers will need to address, but also served as a timely reminder that we all need to take stock of how we should run our households.
Some of the statistics, especially on our ageing population, may seem distant if you are young and at the peak of your career. But you should take the once-in-a-decade survey as a peek into the future because if such trends persist, the findings related to senior citizens will apply to you too one day.
