The cost of taking care of parents

Besides giving allowances, protect them from scams, bad investments

Many seniors fall into poverty in old age because financial planning and education were not as pervasive three or four decades ago as it is now. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

How much is the cost of filial piety in Singapore?

Of course, you would say that the love and care that you shower on your parents are probably priceless.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.