SJP Retirement options

No retirement plan while living in the UAE?

That’s like making a seaside sandcastle a forever home.

What does Singapore, Hong Kong and the UAE have in common?

Exorbitantly high costs of living - particularly housing prices and rent.

This doesn’t make saving for retirement as easy as some financial advisors make it out to be. Retirement planning while living in Singapore, Hong Kong, or the UAE is hard work.

Top 20 most expensive global cities

2021 2020 City Country
1 2 Ashgabat Turkmenistan
2 1 Hong Kong Hong Kong (SAR)
3 45 Beirut Lebanon
4 3 Tokyo Japan
5 4 Zurich Switzerland
6 7 Shanghai China
7 5 Singapore Singapore
8 9 Geneva Switzerland
9 10 Beijing China
10 8 Bern Switzerland
11 11 Seoul South Korea
12 13 Shenzhen China
13 15 Ndjamena Chad
14 6 New York City US
15 12 Tel Aviv Israel
16 25 Copenhagen Denmark
17 20 Guangzhou China
18 19 London UK
19 18 Lagos Nigeria
20 33 Libreville Gabon
=20 17 Los Angeles US

Source: Mercer's 2021 Cost of Living City Ranking

A checklist for your retirement goals: Plan, save, and invest now, or scramble later

  • Start retirement planning early because inflation doesn’t take rest days

    Everyone is on a different life trajectory, and our financial situations, responsibilities, and retirement goals can differ greatly from our peers’, regardless of age. That’s why identifying our retirement lifestyle target, not age, is necessary to determine how much Income Protection and Critical Illness Cover we need.

    Let’s not forget — delays in liquidity and payouts have direct consequences on when we’re able to use our hard-earned money. Stay on track to maintaining and achieving your ideal retirement goals by accounting for and insuring yourself against unknown possibilities that could happen.

    Find out more
  • Start retirement saving early and keep the monthly payday alive

    Procrastination is a curse. In many ways it’s like a credit card - it’s fun until the bill hits you. Build that financial nest egg by complementing our retirement saving plans with mandatory government schemes, such as CPF, MPF, or SRS.

    If you're an expatriate who has made Asia their home for an extended period of time, and you're concerned about the process of closing mandatory government retirement saving accounts, reach out to St. James’s Place to guide you through the arduous process and protect your retirement goals.

    Find out more about SRS
  • Start investing for retirement early so there’s enough to go around

    If your retirement plan relies on savings alone, it’s like trying to outrun a storm with a bicycle. No one can completely steer clear of inflation and dark financial clouds! Instead, equipping ourselves to survive, or even thrive, in a turbulent financial climate is what will ensure your retirement goals are protected.

    Make that stability a reality with St. James’s Place’s personalised financial advice and flexible investment options. Remember, investing for retirement is all about time in the market - not timing the market. The sooner we start, the more secure our retirement goals will be.*

    *The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

    See our approach

Everyone is on a different life trajectory, and our financial situations, responsibilities, and retirement goals can differ greatly from our peers’, regardless of age. That’s why identifying our retirement lifestyle target, not age, is necessary to determine how much Income Protection and Critical Illness Cover we need.

Let’s not forget — delays in liquidity and payouts have direct consequences on when we’re able to use our hard-earned money. Stay on track to maintaining and achieving your ideal retirement goals by accounting for and insuring yourself against unknown possibilities that could happen.

Find out more

Procrastination is a curse. In many ways it’s like a credit card - it’s fun until the bill hits you. Build that financial nest egg by complementing our retirement saving plans with mandatory government schemes, such as CPF, MPF, or SRS.

If you're an expatriate who has made Asia their home for an extended period of time, and you're concerned about the process of closing mandatory government retirement saving accounts, reach out to St. James’s Place to guide you through the arduous process and protect your retirement goals.

Find out more about SRS

If your retirement plan relies on savings alone, it’s like trying to outrun a storm with a bicycle. No one can completely steer clear of inflation and dark financial clouds! Instead, equipping ourselves to survive, or even thrive, in a turbulent financial climate is what will ensure your retirement goals are protected.

Make that stability a reality with St. James’s Place’s personalised financial advice and flexible investment options. Remember, investing for retirement is all about time in the market - not timing the market. The sooner we start, the more secure our retirement goals will be.*

*The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

See our approach