Savings rate of Singaporean working adults 2022, by age group

Published by Lucas Romero, Mar 27, 2024
In a financial wellness survey conducted in Singapore in 2022, working adults in their twenties reported saving 35 percent of their monthly income in cash savings. In comparison, the same survey found that working respondents aged 55 to 65 set aside 29 percent of their income.

Savings rate of working adults in Singapore in 2022, by age group

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Release date

November 2022

Region

Singapore

Survey time period

August 2022

Number of respondents

2,182 respondents

Age group

21-65 years

Special properties

among working adults

Method of interview

Online survey

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