Decumulation refers to the period in life when one shifts from accumulating assets to relying on savings, investments and other retirement tools for income. The topic is likely to gain significant attention in the coming years as more people enter this phase of their investing lives.
As the global population ages, the number of people entering or approaching retirement is growing at a rapid pace. This is leading to a major shift in focus from accumulation and savings to decumulation and income.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
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