Friday, 24 May 2019

Singapore seniors each need at least S$1,379 monthly to meet basic needs

Chinatown is one place where senior Singaporeans gather to pass the time

A Singaporean senior citizen aged 65 and above and living alone needs about S$1,379 a month to meet basic standards of living.

The amount increases to S$1,721 for those aged between 55 and 64.

As for couples aged 65 and older, they need S$2,351 a month.

That is what a team of researchers found after conducting focus-group discussions with more than 100 people who come from various ethnic groups, housing types and educational levels. Almost nine in 10 (89%) were aged 55 and above.

Ref: https://www.todayonline.com/singapore/singapore-seniors-each-need-least-s1380-monthly-meet-basic-needs-researchers

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