This study, the “CIMB Singapore: Attitudes and Beliefs towards Financial Independence Report 2025”, was done in collaboration with the Nanyang Centre for Marketing and Technology.
More than half of Singapore residents surveyed believe that they need at least $1 million to achieve the state of being free from financial worries, better known as "financial independence."
The survey, which touches on overall perceptions and behaviours towards financial planning, is done by CIMB Singapore, ahead of its InsureXpo personal finance event to be held on April 12.
