Many people think retirement is about hitting a big net-worth number, but the real challenge is cash flow. In this roundtable, we discuss why having wealth on paper doesn’t always translate into financial security if your assets cannot generate consistent income. We highlight recent statistics on Singapore households’ wealth and explain why cash flow matters more than net worth for retirement. We also examine the debate between growth vs income investing, and discuss how investors can build multiple streams of passive income—showing why sustainable cash flow ultimately determines whether a retirement plan truly works.