CNA938 Rewind - Saving for old age while paying for everyone else: The trap young Singaporeans are in
Nearly half of Singapore adults are financially supporting family members. Young adults under 35 are giving away roughly 40 per cent of their monthly income to loved ones and delaying their own health care in the process. A new Manulife survey puts numbers to a tension many Singaporeans are already living. Andrea Heng and Hairianto Diman speaks with Christopher Gee, Deputy Director of Research and Senior Research Fellow, Institute of Policy Studies, NUS, to unpack what it really means, what's driving it, and what – if anything – can be done about it.