Retirement Planning 101 for Millenials

As a millennial, you have the advantage of time on your side when it comes to retirement planning. However, it’s never too early to start thinking about your financial future and what you want your retirement to look like. In this article, we’ll explore some of the key elements of retirement planning for millenials and give you a solid starting point for building a secure financial future.

First, let’s talk about why retirement planning is important. Most people want to retire at some point in their lives, whether that’s in their 60s, 70s, or even 80s. But without a solid plan in place, you may find yourself struggling to make ends meet when you reach retirement age. To avoid this, it’s important to start planning for your future as early as possible.

The next step is to determine how much money you’ll need to have saved by the time you reach retirement age. A common rule of thumb is to aim for 80% of your current income. However, this number will vary depending on your lifestyle and what you want your retirement to look like. For example, if you plan on traveling the world or buying a second home, you’ll need more money saved than if you plan on staying at home and living a more modest lifestyle.

Once you have a goal in mind, it’s time to start saving. One of the best ways to save for retirement as a millennial is to take advantage of a 401(k) plan offered by your employer. If your employer offers a matching contribution, make sure to contribute enough to take full advantage of the match. Additionally, consider contributing to an IRA or a Roth IRA, both of which offer tax benefits and the ability to invest in a variety of assets.

Another important element of retirement planning is diversifying your investments. By spreading your money across a variety of investments, you can reduce your risk and increase your chances of success. Consider a mix of stocks, bonds, and mutual funds to create a well-diversified portfolio.

Finally, it’s important to review and adjust your retirement plan as your life changes. This could mean changing your savings goals, adjusting your investment strategy, or seeking the help of a financial advisor. Regularly reviewing your plan will help ensure that you stay on track and that your investments are aligned with your goals.

Safe to say, retirement planning is an important aspect of your financial future. By starting early, determining your goals, saving regularly, diversifying your investments, and regularly reviewing your plan, you can build a solid foundation for your retirement years. Don’t wait any longer to start planning for your future – take control of your finances today!

How much is nikah in Singapore

The cost of a Nikah (Islamic marriage ceremony) in Singapore varies and can depend on several factors, such as the venue, imam or marriage officiant fees, and any additional services or decorations. On average, the cost can range anywhere from several hundred to several thousand Singapore dollars. It's best to check with local Islamic organizations, mosques, or wedding planners for more specific pricing information. But a quick check shows nikah costing $250 and nikah with reception costing $750.

Nikah is an Islamic wedding ceremony that is performed to formalize a marriage in the Islamic tradition. In Singapore, Nikah ceremonies can be held at a mosque or other Islamic religious venues, and may be conducted by an imam or Islamic marriage official. The ceremony typically includes the exchange of vows and the signing of a marriage contract, and is considered an important aspect of Islamic culture and tradition. Couples planning to have a Nikah ceremony in Singapore should be aware of the country's marriage laws and regulations, which may require additional legal steps to be taken in order to make the marriage recognized by the government.

The length of a Nikah ceremony can vary, but it typically lasts for about 30 minutes to an hour. The length of the ceremony will depend on the specific traditions and customs followed by the couple, as well as the religious official conducting the ceremony. The Nikah ceremony typically involves the exchange of vows, the signing of the marriage contract, and other traditional rituals, such as the reading of prayers and the giving of gifts. Despite its brevity, the Nikah ceremony is an important and meaningful event in the lives of many Muslims, and is considered to be the official start of a new marital union.

Who is Ng Teng Fong

Ng Teng Fong was a Singaporean businessman and philanthropist. He was the founder of Far East Organization, which is one of the largest private property developers and landlords in Singapore. Ng Teng Fong was known for his real estate development projects and was dubbed "The King of Orchard Road" for building malls such as Far East Plaza and Lucky Plaza along the shopping belt in Singapore. He passed away in 2010, but his legacy and business continue through his sons, Robert and Philip Ng, who now run Far East Organization.

Far East Organization is one of the largest private property developers and landlords in Singapore. The company has a diverse portfolio of real estate assets, including residential properties, hotels, shopping centers, and offices. Far East Organization also operates a range of businesses in the hospitality, retail, and healthcare sectors. The company's real estate development projects have had a significant impact on the built environment in Singapore and have helped shape the city-state's urban landscape. Far East Organization is known for its quality and innovative projects, as well as its commitment to sustainable development.

Far East Organization has developed many notable real estate projects in Singapore, some of which include:

Residences: Far East Organization has developed a number of residential properties, including luxury condominiums, apartments, and landed houses, such as The Azalea, The Oceanfront, The Wharf Residence, and many others.

Hotels: Far East Organization has a portfolio of hotels, including the InterContinental Singapore, the Pan Pacific Singapore, the Mandarin Orchard Singapore, and others.

Shopping Centers: Far East Organization has developed several popular shopping centers in Singapore, including the Far East Plaza, Lucky Plaza, The Centrepoint, and others.

Offices: Far East Organization has developed a number of office buildings, including the Far East Finance Building, and Far East Square.

These are just a few examples of Far East Organization's notable property developments. The company has a long history of delivering quality and innovative real estate projects, and its developments have had a significant impact on the built environment in Singapore.

If you had invested $1000 in McDonald's

As of Feb. 1, CNBC's calculations show that if you invested $1,000 in McDonald's:

• 1 year ago, you would have $1,066
• 5 years ago, you would have $1,695
• 10 years ago, you would have $3,270

McDonald's operates primarily as a franchise-based business model, where the company owns and franchises its brand and properties, while franchisees are responsible for the day-to-day operations of individual restaurants. McDonald's generates revenue through franchise fees, rents, and sales in company-operated restaurants.

As of 2021, McDonald's market capitalization was around $165 billion, making it one of the largest and most valuable fast food chains in the world. The company's financial performance is highly dependent on consumer spending, economic conditions, and competition within the quick-service restaurant industry.

Who is Kwek Leng Beng

Kwek Leng Beng is a Singaporean billionaire businessman and the Executive Chairman of Hong Leong Group Singapore. He is also the Chairman of Millennium & Copthorne Hotels plc, a London-listed international hotel group. He is one of the richest people in Singapore, with a net worth estimated at several billion dollars. Kwek has been actively involved in the real estate and hotel industries for several decades and has made significant contributions to the development of both industries in Singapore and overseas.

Kwek Leng Beng holds several key positions in a number of companies and organizations. Here are some of his most notable positions:

Executive Chairman of Hong Leong Group Singapore

Chairman of Millennium & Copthorne Hotels plc

Director of City Developments Limited

Director of Hong Leong Finance Limited

Director of Hong Leong Asia Limited

Director of HL Food & Beverage Pte. Ltd

Chairman of HL Education Pte. Ltd.

Director of HL Technology & Investments Pte. Ltd.

Top Restaurants in Singapore for Valentine's Day

Singapore is known for its diverse and vibrant food scene, and there are many great restaurants to choose from for a romantic Valentine's Day dinner. Here are some of the top options:

1. Odette: Odette is a Michelin-starred restaurant located in the National Gallery Singapore, offering contemporary French cuisine and a stunning dining experience.

2. Les Amis: Les Amis is a well-regarded French restaurant that has been serving classic and contemporary dishes for over two decades.

3. Joel Robuchon Restaurant: Joel Robuchon Restaurant is a French fine-dining restaurant located in Marina Bay Sands, offering a unique dining experience and a stunning view of the city.

4. Sky on 57: Sky on 57 is a chic and stylish rooftop restaurant, offering panoramic views of the city and a menu of contemporary Asian cuisine.

5. CUT by Wolfgang Puck: CUT by Wolfgang Puck is a modern steakhouse located in Marina Bay Sands, offering high-quality meat, fresh seafood, and an extensive wine list.

These are just a few examples of popular restaurants in Singapore for a romantic Valentine's Day dinner. When making your reservation, be sure to consider the restaurant's ambiance, menu, and price range to find the best fit for you and your partner.

Jewellery Pieces Desired by Women

Jewellery preferences can vary widely among women, and it often depends on personal style and taste. However, here are some popular jewellery pieces that are widely desired by women:

1. Diamond Stud Earrings: Classic and timeless, diamond stud earrings are a staple for many women and are perfect for everyday wear or special occasions.

2. Necklaces: Necklaces come in a variety of styles, from simple and understated to bold and statement-making. Popular styles include pendant necklaces, pearl necklaces, and choker necklaces.

3. Rings: Rings are another versatile jewellery option that women love. From delicate stacking rings to bold cocktail rings, there is a style to suit every taste.

4. Bracelets: Bracelets come in a range of styles, from delicate chains to statement-making cuff bracelets. Women often choose bracelets that reflect their personal style and taste, including materials like gold, silver, or diamonds.

5. Anklets: Anklets are a fun and flirty jewellery piece that can be dressed up or down. They come in a range of styles, from simple chains to beaded designs.