Retire Rich Weekly: Is $550,000 Really Enough for Retirement?

Welcome back to Retire Rich Weekly! Every week, I share insights to help you invest smartly and retire comfortably. This week, I came across an article in The Business Times titled "Retirees should build a nest egg of at least S$550,000 for ‘conservative’ needs, but Gen Zs, millennials could fall behind: DBS". Honestly, these numbers concern me. Why $550,000 Falls Short Let’s be real—does $550,000 sound like enough for 20 years of retirement? Maybe if you’re living extremely frugally, but for...