Forward SG participant shares idea for a better Singapore

26 December 2022

Forward SG participant Nana Syafiqa feels that the key to sustaining ourselves for old age is to set financial goals early and to have open conversations with your loved ones about financial matters.

My Forward Singapore Idea

Nana Syafiqa
Financial adviser, 32
Forward SG Participant

Be financially responsible

“The responsible thing to do as a citizen is to take care of your own finances.
It is unfair to expect government assistance when there are others who are truly trapped in the poverty cycle.”

The importance of planning ahead

“I’ve seen many who have no savings nor financial plans but complain about the high cost of living. Everyone should set aside emergency savings and establish long-term financial plans.”

Plan your will early

“In Asia, death is a taboo subject. But the elderly should also plan their wills early, while they are mentally sound, so as to ensure that their beneficiaries are well taken care of and not burdened with uncertainty and confusion.”

Creating more support for caregivers

“There should also be more resources to support caregivers in helping their charge manage end-of-life financial matters.”