My parents don't have enough for retirement. Now what? | Money Talks

What happens when you realise your ageing parents may not have enough money for retirement? Providend CEO Christopher Tan joins Andrea Heng to discuss the options when parents face a retirement shortfall. From tighter budgeting to leveraging the family home, learn how adult children should assess their own finances before deciding how much support they can afford to give. Highlights: 00:00 Intro 03:59 What to check first 06:19 Finding more retirement income 09:42 Should retirees invest their surplus? 14:25 Funding essential retirement expenses 16:53 Protect yourself before helping parents 19:27 What if there’s still a shortfall? 21:10 Three retirement scenarios 26:43 Are you giving parents too much? ========= #DeepDivePodcast #retirement #personalfinance 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: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia