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 joanna, i’m not too sure if my suggestion will help but here’s mine anyway. I think it’ll be good to instill a mindset in your kids from young to earn for what they want. It doesn’t have to be monetary in this sense. For example, if they know that they want to get into an overseas university, they will need to work very hard for it, perhaps earn a scholarship or even work to help out with the finances. Basically, fostering that self-sufficient nature so that no matter which stage they are in their lives, you won’t have to worry.

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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