Seniors Need Retirement Income Without Burdening Their Children: KALSIS

PETALING JAYA, Nov 4 — Seniors should have more ways to finance their retirement and health care needs instead of relying primarily on their adult children, says KALSIS founder and chief executive officer Jonathan Teoh.

With people living longer, medical costs rising, and retirement savings often insufficient, Teoh said families face an increasingly difficult financial burden as older parents may require support for 20 or more years after retirement.

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