Women-Focused Financial Aid: Supporting Singapore’s Senior Women with Security and Dignity
In Singapore, women tend to live longer than men — but often with less financial security
in later life.
Many senior women:
Spent their working years as homemakers or informal caregivers
Held part-time or low-wage jobs with little CPF savings
Outlived their spouses or live alone without close family
Without formal income or family support, these women are at risk of poverty, poor health
access, and social isolation in old age.
That’s why Singapore’s financial aid ecosystem includes targeted support for senior women,
especially those in vulnerable circumstances. These programs help ensure that every woman
— regardless of her past work history — can age with dignity and confidence.
Why Women Need Tailored Financial Aid
Let’s look at the reality:
Women are more likely to take time off work for caregiving, which reduces lifetime CPF
savings
They are overrepresented in informal or low-wage jobs
Many rely on their husband’s CPF or income during working years — which may disappear upon
widowhood
This means that by the time they turn 65 or 70, some women have:
Little to no retirement income
No home ownership
Ongoing care needs like disability, frailty, or chronic illness
Financial aid isn’t a bonus — for many, it’s a lifeline.
