Effective from 2021, the Government has introduced the Matched Retirement Savings Scheme (MRSS) which provides dollar-for-dollar match into the Retirement Account (RA) that can help senior Singaporeans to meet their Basic Retirement Sum (BRS).

You can also do a voluntary cash top-up to the CPF accounts of eligible senior citizens (like your parents) under the Retirement Sum Topping-Up (RTSU) scheme! What's more - enjoy the prevailing RTSU benefits such as up to S$7,000 income tax relief.

TBW.png

I am a low risk profile investment so most of the time I buy ETFs using Regular Saving Plan on monthly recurring basis.

I am planning to purchase "NikkoAM-Straits Trding Asia Ex Japan REIT - SGD - Qdis - Cash" next. I saw the past 1-Year Performance was 8.38% and the Indicative Price (20 May 2021) was SGD 1.1073

Any advice?