Basic Financial Planning Guide
Whatever life stage you’re at, your finances need a plan. Find tailored MoneySense guides for your first job, growing family, and retirement years.
Last updated 2 July 2026
Basic Financial Planning Guide
With so many tips on financial planning out there, it can be hard to ascertain if you are on the right track, especially if you do not have a financial adviser.
To help Singaporeans identify and plug gaps in their finances, the Monetary Authority of Singapore and MoneySense, together with the CPF Board, Association of Banks in Singapore, Association of Financial Advisers (Singapore) and Life Insurance Association, have developed a Basic Financial Planning Guide. It contains rules of thumb to support individuals taking proactive steps to address their savings, insurance, and investment needs at different life stages.
Check out the Guides below that could be more tailored to your needs (also available in Chinese, Malay, and Tamil)!
For those new to the workforce
Young working adult (19 - 29 years old)
For those supporting dependants
Starting a family (25 - 34 years old), supporting aged parents (35 - 59 years old), have kids and supporting aged parents (35 - 59 years old)
For those approaching retirement
Pre-retirees (55 - 64 years old), retirees (65 years old and above)
Have questions? Learn more here