Number of households headed by elderly members Singapore 2003-2022
In 2022, there were approximately 340.4 thousand households in Singapore whose head of households were aged aged 65 years and above. This figure has been increasing in the past twenty years, as Singapore faces the challenge of an ageing population. In 2019, it was announced that the legal retirement age would be raised from 62 years to 65 years by 2030.