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6 in 10 Singaporeans say supporting family has affected their ‘ability to achieve long-term independence’: survey

Summary by The Independent
SINGAPORE: A new survey by Manulife, titled Asia Care Survey 2026, found that nearly half (46%) of adult Singaporeans have financial responsibilities at home. Six in 10, however, said supporting their family is affecting their financial future and their ability to achieve long-term independence. The impact was more pronounced among those aged 18 to 24 (81%) and those aged 25 to 34 (75%). In fact, Singaporeans under 35 are dedicating around 40% o…
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The Independent broke the news in Singapore on Saturday, July 4, 2026.
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