Media OutReach

F.I.R.E. in Singapore: Navigating the Path to Early Retirement

Published

12 months ago

16/12/2024

SINGAPORE – Media OutReach Newswire – 16 December 2024 – The Financial Independence, Retire Early (F.I.R.E.) movement continues to gain momentum worldwide, and Singapore is no exception. More and more Singaporeans are being drawn to the idea of achieving early retirement and financial independence. While the allure of escaping traditional work structures and enjoying life on one’s own terms is undeniable, experts caution that the pursuit of F.I.R.E. requires careful planning, particularly in a high-cost city like Singapore.

Clarence Cheong, Senior Group Financial Services Director at Infinity Platinum and Group Representative for Infinity Financial Advisory, weighs in on the growing F.I.R.E. trend: “F.I.R.E. is about more than just early retirement—it’s a blueprint for financial independence. But in a high-cost city like Singapore, burning too fast could leave you without the fuel for a lifetime.”

The Appeal of F.I.R.E.

For many, the promise of early retirement and the freedom to live life on their own terms is irresistible. The F.I.R.E. movement offers several key benefits:

1. Early Retirement and Time Freedom: Enthusiasts of F.I.R.E. aim to retire in their 30s or 40s, gaining the freedom to pursue personal passions, travel, or entrepreneurial ventures long before traditional retirement age.
2. Financial Discipline: Achieving F.I.R.E. requires intense focus on saving and investing. Those who embrace the movement must cultivate frugality, budgeting, and long-term wealth-building habits, which can lead to better financial discipline.

3. Lower Financial Stress: Reaching financial independence relieves the burden of living paycheck to paycheck and the stress of job instability. Once achieved, financial security can also improve mental health and overall well-being.

4. Flexibility in Life Choices: Financial independence grants the ability to explore life beYyond the constraints of a 9-to-5 job. F.I.R.E. followers have the freedom to pursue passions, side projects, or new career ventures without worrying about financial survival.

The Challenges of F.I.R.E.

However, while the benefits are compelling, the road to early retirement is fraught with challenges that could derail plans if not carefully managed:

1. Aggressive Savings Can Be Restrictive: The pursuit of early retirement often requires extreme frugality, limiting lifestyle choices and potentially diminishing quality of life in the years leading up to retirement.
2. Market Dependency: F.I.R.E. depends heavily on the success of investments, exposing participants to market risks. Economic downturns, such as the 2008 financial crisis or the impact of the COVID-19 pandemic, can drastically affect retirement funds and future financial stability.

3. Healthcare Costs: Retiring early, especially without employer-provided healthcare, presents a significant challenge. In Singapore, healthcare costs can rise as individuals age, and early retirees may exhaust their Medisave contributions before reaching the age of 65, making it essential to plan for medical expenses.

4. Longevity Risk: With increasing life expectancy, early retirees must plan for the possibility of living several decades without a steady income. A lack of proper planning could lead to financial difficulties if resources are depleted too early. Additionally, re-entering the workforce after years of early retirement could prove difficult.

F.I.R.E. in the Singapore Context

Singapore presents unique challenges for those adopting the F.I.R.E. lifestyle. The high cost of living, combined with limited access to CPF funds before the age of 55, means that early retirees need to plan more carefully. CPF Life payouts, which provide a stable income in retirement, don’t begin until age 65, which can leave early retirees vulnerable during the years before they begin receiving those funds. Additionally, rising healthcare costs in Singapore mean that early retirees must account for medical expenses that may not be fully covered by the public healthcare system.

Clarence Cheong notes, “While F.I.R.E. offers a compelling vision of financial freedom, it’s crucial to approach it with a strategic, well-rounded financial plan. In Singapore, that means addressing the cost of living, healthcare needs, and long-term financial security through diversified investments and comprehensive retirement planning.”

Expert Guidance is Key

As the F.I.R.E. movement continues to inspire people to rethink their approach to retirement, financial experts emphasise the importance of a balanced, realistic strategy. Consulting with a qualified financial advisor is key to crafting a sound investment plan, establishing an emergency buffer, and ensuring that long-term financial goals are met.

“While the dream of early retirement is an exciting one, it’s essential to ensure that the journey is sustainable,” concludes Cheong. “With the right planning and discipline, the path to financial independence can be both achievable and secure.”

For more information on F.I.R.E. and how to approach early retirement with a comprehensive financial plan, contact Infinity Platinum or consult with a certified financial advisor.

Hashtag: #Infinityfinancialadvisory #insurance

The issuer is solely responsible for the content of this announcement.

Infinity Financial Advisory

Come As You Are, Leap Forward With Us.

Infinity Financial Advisory started in July 2023, and currently has a company size of almost 280 financial consultants and staff. At Infinity FA, our vision is to be our clients’ guiding light through the infinite financial universe, one that is filled with countless options and opportunities. We focus on advancing wealth management with innovative solutions and personalised service, striving to support our clients with effective tools and exceptional service.

Media OutReach

E3 Compression Latch with Visual Indicator Now Available in Zinc

Published

15 hours ago

05/12/2025

Media Outreach

HONG KONG SAR – Media OutReach Newswire – 5 December 2025 – Those prioritizing safety and security now have a cost-effective option. Southco’s E3 VISE ACTION® Compression Latch with Visual Indicator is now available in zinc. The latch features red, reflective indicator wings that can be easily viewed when open, allowing latch status to be monitored at all times. This offering further expands the line of MAKE SAFETY VISIBLE BY SOUTHCO™ products, which provide visual indication for increased safety and monitoring in a wide range of applications.

E3 COMPRESSION LATCH WITH VISUAL INDICATOR IN ZINC

Southco’s E3 VISE ACTION® Compression Latch with Visual Indicator displays latch open status that can be seen from a minimum of five meters, making it an ideal choice for rail, semiconductor and industrial machinery enclosures where an unsecured door or panel could impact safety during operation. By allowing operators to easily detect latch status, the E3 VISE ACTION® Compression Latch with Visual Indicator improves efficiency, enhances safety and reduces maintenance errors.

Global Product Manager Ike Teng adds, “The E3 VISE ACTION® Compression Latch with Visual Indicator provides visual feedback of whether a panel is fully closed, semi-closed or not secured at all. Like Southco’s standard E3 line, the indicator version delivers robust, vibration-resistant fastening and is available in a variety of grip lengths, providing a simple upgrade for enhancing enclosure safety and security.”

For more information about the functionality of E3 Compression Latches, please visit https://www.southco.com or email the 24/7 customer service department at [email protected]

Hashtag: #Southco #E3VISEACTION

The issuer is solely responsible for the content of this announcement.

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

Southco Asia Limited
2401, Tower 2, Ever Gain Plaza
88 Container Port Road, Kwai Chung

Hong Kong

Media OutReach

Global Qualifications Made Local: Leading Overseas Universities Partner with SIM

Published

16 hours ago

05/12/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 5 December 2025 – For students seeking an international education experience without relocating overseas, Singapore Institute of Management (SIM) offers a wealth of globally recognised degree options through partnerships with top universities around the world. These programmes deliver the same academic rigour and credentials as their home campuses, giving learners a competitive edge while remaining close to family and local opportunities.

University of London

The University of London (UoL) is one of the most established overseas degree providers in Singapore, having partnered with SIM Global Education (SIM GE) for more than 38 years.

Through this collaboration, students can pursue degrees in fields such as Business, Banking and Finance, Data Science, Economics, and International Relations. The programmes follow the same curricula and are examined by the same academic boards as those in the UK. SIM complements these with academic support, career services, a vibrant campus life and helping students gain a truly global education while staying rooted in Singapore.

University of Birmingham

The University of Birmingham, a member of the UK’s prestigious Russell Group of research-intensive universities, partners with SIM Global Education (SIM GE) to offer both undergraduate and postgraduate programmes in Singapore.

At the undergraduate level, the Bachelor of Science (Honours) Business Management (Top-up) equips students with analytical and strategic skills necessary for today’s competitive business environment.

For postgraduate learners, SIM GE offers the Master of Business Administration (MBA), designed for professionals seeking to strengthen their leadership, strategic management, and decision-making capabilities. The programme blends academic rigour with practical business applications, preparing graduates for senior management roles and global career opportunities.

University of Stirling

The University of Stirling at SIM offers globally recognised, research-led programmes designed to develop career-ready graduates. With flexible learning options, industry-relevant curriculum, and opportunities for global exposure, Stirling equips students with the skills and knowledge to thrive in today’s competitive job market.

University at Buffalo, The State University of New York

For students who prefer an American-style education, the University at Buffalo (UB) offers full U.S. degree programmes at SIM GE. Students can major in Communication, Psychology, or International Trade, earning a degree directly from UB – “a premier U.S. public university in Singapore … at a fraction of the cost” The UB programmes are taught by faculty approved by the home campus, maintaining the same academic standards and assessments as in New York.

University of Alberta

The University of Alberta holds a position among the top 4 universities in Canada and is internationally recognized as a leading post-secondary institution, ranking within the top 100 universities worldwide. Its steadfast dedication to excellence in research, teaching, and innovation spans over a century.

RMIT University

RMIT University, based in Melbourne, is another major Australian partner of SIM GE. Known for its industry-focused learning, RMIT’s programmes in Business Management, Marketing, and Logistics and Supply Chain Management are designed with employability in mind.

Students gain hands-on experience through case studies and project-based learning. The partnership allows Singapore students to graduate with the same Australian degree as those studying in Melbourne, often within two to three years.

University of Wollongong

The University of Wollongong (UOW), ranked among the world’s top 200 universities, partners exclusively with SIM Global Education in Singapore to offer IT, business information systems, cybersecurity, and data analytics programs taught by UOW faculty. Since 2005, over 3,000 UOW degrees have been awarded at SIM, with pathways for transfers to Australia and industry internships. Students enjoy access to SIM’s vibrant campus life, academic support, and opportunities for awards from agencies like CSIT and IMDA.

The University of Sydney

Over 3,500 of Singapore’s most talented health professionals have graduated with our nursing and health science related degrees, offered in partnership with SIM GE. The nursing programmes are developed, fully taught and awarded by The University of Sydney and accredited by the Singapore Nursing Board.

La Trobe University

La Trobe University is a public research university located in Melbourne, Australia. It was established in 1964 and is now the third university in the state of Victoria. The university is in the top five per cent of business schools worldwide to have earned an AACSB accreditation for delivering excellence in every aspect of the university’s work.

Monash College

Monash College is fully owned by Monash University, Australia’s largest university. The College is the preferred pathway to Monash University for international students. Through innovative programmes which align with the high standards of Monash University, we equip students for life at university, and beyond.

Grenoble Ecole de Management

Founded in Grenoble, Grenoble Ecole de Management (GEM) has greatly developed its expertise in the management of technology and innovation—an expertise that is now the foundation of the institution’s excellence and international renown. The school is accredited by AACSB, EQUIS and AMBA, and is a member of the French ‘Conférence des Grandes Ecoles’.

A Hub for Global Degrees

SIM Global Education offers over 140 full-time and part-time academic programmes from international universities partners.

Students here can earn world-class qualifications, gain exposure to diverse teaching approaches, and access global alumni networks all at lower cost and greater convenience than studying abroad.

As SIM GE highlights, its degrees are “globally recognised, with the same curricula and academic standards as those awarded onshore”

In an increasingly competitive world, these overseas degree options in Singapore offer the best of both worlds – international credentials with local advantage.

References:

University of London – Teaching Centre: Singapore – https://www.london.ac.uk/study/where-study/teaching-centre/singapore
SIM Global Education – University of London Programmes – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
SIM Global Education – RMIT University – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/rmit-univer…
SIM Global Education – University at Buffalo – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
SIM Global Education – University of Alberta – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
SIM Global Education – University of Birmingham – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
SIM Global Education – University of Wollongong – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
SIM Global Education – The University of Sydney – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/the-univers…
SIM Global Education – La Trobe University – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/la-trobe-un…
SIM Global Education – Grenoble Ecole de Management – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/grenoble-ec…
SIM Global Education – Monash College – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/monash-coll…
SIM Global Education – University of Stirling – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-…
SIM Global Education – Overview of Degree and Diploma Programmes – https://www.sim.edu.sg/degrees-diplomas/overview
SIM Global Education – University Partner Page – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge

Hashtag: #SIMGlobalEducation #SIMGE #CareerReady #FutureSkills #HigherEducation #GlobalDegrees

https://www.sim.edu.sg

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit sim.edu.sg

Media OutReach

Yunnan Showcases Top 10 Must-try Experiences at Trip.Best: Southeast Asia Travel Trends Unpacked

Published

1 day ago

04/12/2025

Media Outreach

SHANGHAI, CHINA – Media OutReach Newswire – 4 December 2025 – On December 2, 2025, Yunnan Province, as an emerging destination in China among Southeast Asia travellers, was invited to deliver a special presentation to highlight its rich cultural tourism resources, at the Trip.Best: Southeast Asia Travel Trends Unpacked Event at Resorts World Sentosa, Singapore, hosted by Trip.com.

The event gathered representatives from the Singapore Tourism Board, Trip.com, leading travel agencies from Southeast Asia, international mainstream media, travel influencers, and industry experts. Trip.com business leaders shared data-driven insights into evolving travel consumption patterns in this region, covering entry and exit, accommodation, attractions, and dining trends, before revealing the highly anticipated Trip.Best Southeast Asia Travel Rankings.

Yunnan’s presentation on its “Top 10 Must-try Experiences,” took the audience on an immersive journey from the Yuanyang Rice Terraces and Xishuangbanna Rainforest to the Shangri-La Snow Mountain. These tours integrate intangible cultural heritage, ethnic cuisine, and artisanal crafts, creating authentic experiences for global travelers. Complementing the presentation, an outdoor Yunnan lifestyle experience zone was set up, where guests could savor Yunnan specialties, admire Yi embroidery, and capture memorable moments in traditional ethnic attire.

Yunnan also emphasized its traveler-friendly policies, including the 240-hour visa-free transit for international visitors in nine popular tourist destinations, including Kunming, Lijiang, Dali, and Xishuangbanna, and tax refund benefits for overseas shoppers. Enhanced connectivity through Yunnan’s expanding “air corridor” has significantly boosted passenger traffic between Yunnan and South and Southeast Asia. Kunming Changshui International Airport now offers flights to 37 international destinations, with 32 routes linking directly to South and Southeast Asia.

By leveraging Trip.Best‘s global travel rankings and experiential marketing strategies, Yunnan further solidified its brand presence as an international tourist destination, paving the way for deeper collaboration in Southeast Asia’s tourism market.

Hashtag: #Trip.Best

The issuer is solely responsible for the content of this announcement.