The Gen XY Lifestyle
Singaporeans rebalancing life priorities after pandemic
Cigna Healthcare’s 360 Global Well-Being Survey: Singapore Insights Report shares almost nine in 10 (88 percent) Singaporeans say the pandemic has led them to reassess their life priorities. This is significantly higher than the global average of 79 percent.
A new report by Cigna Healthcare Singapore reveals that people in the nation are more resilient and open to change. Additionally, almost nine in 10 (88 percent) have reassessed their lives, with younger respondents under 45 more likely to have done so.
The report found that many Singapore-based respondents are actively thinking about non-materialistic aspects of life including their connection with family and friends, physical and emotional well-being, and fulfilment at work.
Among respondents who have reassessed life priorities, 52 percent indicated that they would like to spend more time with family and friends. This sentiment is shared worldwide, with 49 percent saying it is a top consideration.
A stronger focus on health and well-being, both physical and emotional, is also evident, with 31 percent of Singapore respondents considering more natural approaches to diet and well-being, as well as 25 percent learning to “be okay” with their emotions.
The pandemic has also prompted many in Singapore to rethink their job and career, something more prevalent in the city state than any other market surveyed. Close to a quarter (23 percent) of Singapore respondents wanted to find a new job that is more fulfilling while 21 percent said they wish to retire early.
- Respondents aged 25-34YO were most likely to focus on finding a fulfilling job (31 percent)
- Those approaching retirement age (45-65YO) considered early retirement the most (29 percent)
Our research shows that the people in Singapore have become more resilient and adaptable to change after the pandemic. At the same time, our priorities and aspirations have evolved, with many now valuing family and emotional well-being more, which we see as a silver lining from the crisis.
Raymond Ng, CEO & Country Manager, Cigna Healthcare Singapore & Australia
Survey graphic credit to Cigna Healthcare Singapore