Why HENRYs (High Earners, Not Rich Yet) struggle to retire early | Money Talks (ft. Jo Ong) скачать в хорошем качестве

Why HENRYs (High Earners, Not Rich Yet) struggle to retire early | Money Talks (ft. Jo Ong)

Being in the top 15 per cent income bracket doesn’t guarantee a secure future. Lifestyle inflation, DIY missteps and uncoordinated plans often catch high income earners off-guard. Andrea Heng sits down with financial adviser Jo Ong to find out how to better manage your salaries and avoid financial hurdles. 00:48 Who qualifies as a high-earner in Singapore? 01:57 The "Singapore success trap" 02:59 Why high-earners overspend easily 04:04 The “just save more” fallacy 05:58 Rethinking your emergency cash strategy 07:51 Should ETFs count as savings? 09:52 The risk of fragmented portfolios 13:06 Is DIY investing a smart move? 16:09 A critical mistake with time horizon 19:42 How to deal with "uncertainty inflation" Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms:   / channelnewsasia     / channelnewsasia     / channelnewsasia