I’ve been thinking about the cost of education in Singapore and would like some advice or feedback.

Like most parents, my children’s education is priority and I also know how expensive it can be. With this, I am also worried of my own retirement - that I would not have saved enough. I also don’t expect my kids to look after me (financially) and I don’t wish to be a burden to them. Any thoughts on this? How should I go about planning my retirement yet supporting my kids’ education to the best of my ability?

Joanna Tan

mom of 2

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Hi mommy, this is really one of the toughest decisions we have to make and maintain to be able to have a steady future, both for ourselves and our children. With this, I advice that you look in to possible investments that could grow eventually. Your children's education should be a priority you can start trying different financial schemes that is offered by the school and have it planned long term or even by the end of the school year. Allocate your expenses wisely and maybe opt to look for a hobby or interests that you can use to gain extra earnings.

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Home Random Talk like most parents children education priority i know how expensive with i worried own retirement that i not have saved enough i dont expect kids look after financially i dont wish burden them thoughts how should i go about planning retirement yet supporting kids education best ability