SRS Singapore Guide 2026: Is It Actually Worth It?

SRS withdrawal age in Singapore is changing on 1 July 2026. If you have not opened an account yet, you could be locked into a later retirement date and lose a full year of penalty-free access to your funds. ⭐️ SRS/Income Tax Calculator: https://ko-fi.com/s/09d5e855da 📗 Stashaway https://hmsg.link/stashaway 📝 POEMS Cash Plus: https://hmsg.link/poems This content is not sponsored so if you enjoyed my sharing, please help me click https://hmsg.link/ibkr to see my preferred broker 💹 Interactive Brokers or scan the QR code in the video. It helps to support my small channel in producing better value content for my viewers! _________________________________ 📈 Click https://hmsg.link/ibkr to see my preferred broker 💹 Interactive Brokers 🔭 Telegram Group: https://hmsg.link/telegram 📷 Instagram @HoneyMoneySG https://www.instagram.com/honeymoneysg ⭐️ Website https://honeymoneysg.com 🌟 My referral codes: https://honeymoneysg.com/#deals 📙 Solo Biz: https://hmsg.link/solobiz ☕️ Buy my Spreadsheets at Ko-Fi: https://hmsg.link/shop 🎵 TikTok https://www.tiktok.com/@honeymoneysg 📧 Email (Business only): sghoneymoney@gmail.com 🏦 CREDIT CARDS 💳 🔗 https://hmsg.link/creditcard 📈 INVESTING & TRADING PLATFORMS 📈 🔗 https://hmsg.link/investing 💳 MULTI-CURRENCY CARD/WALLET 👛 🔗 https://hmsg.link/multi 💰 PAYMENT APPS 💰 🔗 https://hmsg.link/pay 🏦 FINANCIAL APPS 🏦 🔗 https://hmsg.link/finance 💼 BUSINESS 💼 🔗 https://hmsg.link/business ✈️ TRAVEL ✈️ 🔗 https://hmsg.link/travel 🛡️ Travel Insurance offers 🛡️ 🔗 https://hmsg.link/travelinsurance 🛍 LIFESTYLE 🛍 🔗 https://hmsg.link/lifestyle 👨🏻‍💻 PROFESSIONAL SERVICES 👨🏻‍💻 🔗 https://hmsg.link/services 🎥 FILMING & SOFTWARE 🎥 🔗 https://hmsg.link/film Disclaimer: The information provided in any affiliate referral or recommendation should not be considered as financial advice. The content is for general information purposes only and does not take into account your personal financial situation, goals or objectives. You should always do your own research and seek professional advice before making any financial decisions. We may receive compensation for affiliate referrals, but this does not influence our recommendations or reviews. Interactive Brokers provides execution and clearing services to its customers. Influencer is not affiliated with, recommended by or an agent of Interactive Brokers. Interactive Brokers makes no representation and assumes no liability to the accuracy or completeness of the information provided in this video. For more information regarding Interactive Brokers, please visit www.interactivebrokers.com.   None of the information contained herein constitutes a recommendation, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy.  Investment involves risks.  Investors should obtain their own independent financial advice and understand the risks associated with investment products/ services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website.   Influencer is a customer of Interactive Brokers. Interactive Brokers and Influencer have entered into a cost-per-click agreement under which Interactive pays Influencer a fee for each clickthrough of the Interactive Brokers URL posted herein. _________________________________ Is SRS actually worth it in 2026? Here is the full breakdown with real numbers. This video covers everything you need to decide whether the Supplementary Retirement Scheme makes sense for you in 2026. Chris walks through the retirement age change from 63 to 64 taking effect on 1 July 2026, what it means for your SRS withdrawal rules, and how to calculate your guaranteed tax savings using a real example at $120,000 gross income. He then covers the two platforms he personally uses to invest his SRS funds (StashAway ETF Explorer and POEMS Cash Plus by PhillipCapital), and breaks down four common SRS mistakes that are quietly costing Singaporeans money. 00:00 Is SRS Worth It in 2026 01:15 What Is SRS 01:44 The 1 July 2026 Deadline 03:23 The Tax Math Breakdown 05:40 What You Can Invest SRS In 06:55 StashAway ETF Explorer Review 09:25 POEMS Cash Plus Review 11:27 4 SRS Mistakes to Avoid LINKS MENTIONED / REFERRAL LINKS StashAway ETF Explorer (SRS investing): https://hmsg.link/stashaway POEMS Cash Plus by PhillipCapital: https://hmsg.link/poems Interactive Brokers (IBKR): https://hmsg.link/ibkr Free IRAS + SRS Tax Calculator: https://ko-fi.com/honeymoneysg Honey Money SG Telegram (23,000 members): https://hmsg.link/telegram #NotSponsored