Too much savings may limit your wealth gains. Consider investing.

Just keeping money in your savings account will not build much wealth. Invest.

SAVE LESS. INVEST MORE TODAY.

See how much more you can accumulate if you invest a portion of your savings!

How much of your savings would you like to invest?

Your balance after 40 years with an allocation of:
50% in cash deposits
50% in investments

Investments (Higher Risk)

SGD 00

Investments (Moderate Risk)

SGD 00

Endowment

SGD 00

Cash deposits

SGD 00

How we calculate these values

All figures and projections shown are for illustration purposes only, and calculated based on projected rates and assumptions which are subject to change at any time.

ARE WE TOO SAFE WITH OUR SAVINGS?

A recent OCBC study of our customers’ assets and liabilities showed that Singaporeans have a higher level of savings in 2021 compared to 2014 (equivalent of 10 months’ of salary vs 7 months’). This may not be ideal, as they are not maximising the growth potential of their savings.

Why are Singaporeans falling behind?

We save too much

Most Singaporeans are busy accumulating assets in their 20s, preferring to park cash in savings accounts for easy liquidity.

Most Singaporeans are busy accumulating assets in their 20s, preferring to park cash in savings accounts for easy liquidity.

We do not invest enough

Even as we pay off liabilities like home loans over time, we continue to keep most of our money in low-interest deposit accounts.

Even as we pay off liabilities like home loans over time, we continue to keep most of our money in low-interest deposit accounts.

We do not know how to invest

Even though investing may have crossed our minds, we may not have the knowledge or information to do so.

Even though investing may have crossed our minds, we may not have the knowledge or information to do so.

YOUR SAVINGS WILL LOSE VALUE OVER TIME

When it comes to your finances, inflation can be a silent wealth killer. For example, SGD 100 today will shrink in value to SGD 74 after 10 years assuming an annual inflation rate of 3%. The interest rates paid by savings accounts are not sufficient to beat inflation. Your best bet is to invest, albeit by taking some risk.

Inflation erodes your savings
Inflation erodes your savings
Learn how to grow your assets

You do not need to be an expert to start investing. A little goes a long way. The earlier you start, the more you can potentially reap over time.

Unit Trusts are a good instrument to start with

Managed by professional fund managers, Unit Trusts are investments made in a variety of financial assets. You can start investing for as little as SGD 100 a month or by making a SGD 1,000 lumpsum investment.

Kick-start your investment journey

Make your investment journey a smooth one. We have specially curated 3 Unit Trusts portfolios to suit your needs.

You might also be in interested in
OCBC Life Goals

Beating inflation is the first step towards taking control over your financial health. There are other areas to consider, such as ensuring you are adequately insured, saving up for your children’s future education and planning for your retirement.

For a more personalised, comprehensive financial plan, head on to OCBC Life Goals.

Learn more

READY TO INVEST

Start investing in Unit Trusts today

You can also download the OCBC Digital app via the Apple App Store, Google Play and Huawei App Gallery.