Launching today (7 November 2022), the Central Provident Fund (CPF) Board’s annual Retirement Planning Campaign seeks to inspire CPF members to start planning for their retirement, with purpose.
The highlight of the Retirement Planning Campaign is the “Ready for Life” Digital Festival which will be held over the weekend on 12 and 13 November 2022. This Festival follows the successful inaugural event in December last year which attracted more than 35,000 participants.
Dr Tan See Leng, Minister for Manpower, will kick off this year’s Digital Festival at the Opening Forum, sharing his passions and purpose in life. Participants of the Forum will also be able to get up close and personal with Mr Piyush Gupta, Chief Executive Officer, DBS Group at a fireside chat titled “The Pursuit of Purpose: Reflections from a Career Banker”.
In addition, there is a panel discussion moderated by Mr Mark van Cuylenburg (The Flying Dutchman) where panellists will discuss how one can live a full life, pursuing one’s passions in retirement and having a secure financial plan in place. The panel includes:
- Mr Christopher Tan, Chief Executive Officer, Providend
- Mr Tang Lee Huat, Chief Financial Officer, CPF Board
- Mr Edgar K. Tham, Sport & Performance Psychologist, SportPsych Consulting
- Ms Ong Bee Yan, sexagenarian Model and Co-founder of 1degreeC
The Digital Festival will also feature an exciting lineup of webinars and online workshops covering the various dimensions of well-being such as cognitive, physical, emotional, social and financial. The full programme lineup can be found in Annex A. CPF members who are interested can sign up for the Festival for free at cpf.gov.sg/ReadyforLife.
Ms Irene Kang, Group Director (Communications) at CPF Board said, “Recent surveys have shown that people are concerned about whether they can save enough for retirement. Through this year’s Digital Festival, we aim to not just address these practical concerns, but also encourage Singaporeans to reimagine their retirement by showcasing meaningful and interesting hobbies and initiatives that they can pursue. By making the most of CPF as their foundation, they can achieve the financial freedom necessary to lead a vibrant and purposeful retirement.”
To help members plan ahead with their CPF, the Board has also launched a new CPF Planner. Younger members aged 16 to 53 can make use of the planner to determine their retirement savings goals and payouts. More information on ways to use CPF to achieve a life filled with purpose can be found at cpf.gov.sg/BeReady.