BT Money Hacks: Tackling your peskier inflation worries (Ep 144)

Hugh Chung, Chief Investment Advisory Officer at Endowus, went on BT’s Money Hack podcast to discuss retirement adequacy concerns in Singapore and how people can better position themselves financially in an inflationary environment. According to Endowus Wealth Insights Report 2023 , two-thirds of respondents were tackling inflation by saving more and putting money in bank accounts. However, as bank interest rates fall below inflation rates, people should stay invested in a diversified portfolio, such as the global equities and 60/40 portfolio which offer relatively consistent returns in the longer term while beating inflation.