With the right planning for your retirement, it will provide you with a peace of mind for your future, financial independence and early retirement. There are a lot of significant enhancement in recent retirement endowment saving plan, for example there is limited premium payment option, lump sum payout or provide you with a guarantee stream of income during your retirement age, some comes with additional variable
“The market is a bloodbath!” When one of my clients invited me for tea, he stated. He proceeded to express his scepticism about the market to me. He felt lost in developing his passive income for the future because the stock and crypto markets continued to tumble. (more…)
Every week I have friends who ask me how to create passive income in Singapore. There are many ways, including property rental, stock dividend, MLMs and e-commerce. But all the above have a certain level of risk. (more…)
Everyone is looking for the best financial advice. But we must understand that not every piece of advice, even from the most successful people, is appropriate for everyone. That is due to the fact that not everyone’s financial situation is the same. In order to efficiently organise our finances, we must first assess our existing financial situation and future needs. (more…)
Retirement planning in Singapore and having enough money for life when we start our planning early is what this article is about. And in my personal opinion, the author hit the nail on the head, the pain point of retirement planning. (more…)
5 Biggest Pitfall to Avoid When Planning for Retirement. While thinking about retirement, one can be tempted to believe in the idea that it’s just a matter of saving for a while and the money will be there when need it. It’s not as simple as that. Experts advise us to plan ahead, estimating what expenses we might have in the coming years. If you’re planning for retirement, here are 5 things you should avoid: (more…)
Plan Retirement Early and Wisely. According to Business Times (THU, JUN 10, 2021), Getting people to start thinking about retirement early has always been tough – behavioural science tells us that we have a natural inclination to put off making difficult financial decisions, (more…)
According to CPF, it is CPF Lifelong Income For The Elderly (CPF LIFE) Scheme a longevity insurance scheme that insures you against running out of your retirement savings. Thus, the objective of CPF Life is to provide CPF members a monthly income for as long as they live to supplement their retirement expenses. (more…)
Ms Angeline Alexander, head of high net worth and affluent customer segments at Prudential Insurance Singapore, recently spoke to Money FM 89.3 host Rachel Kelly on Prime Time, and explains why the downturn is a good time to take stock. Click on the article below to find out more. (more…)
Retirement planning is about having a product or a plan that will gives you a stream of guaranteed income when you retired, no matter where you are, what you do or what condition you are in. (more…)
The government’s circuit breaker measures will start tomorrow. Most shops will be closed, dining establishments which are open will only offer take outs or delivery. Most of us will be working from home while our students will start home based learning the day after.We are entering a very difficult phase. If we cannot flatten the COVID-19 curve, we will end up with DORSCON Red. We do not want that, do we? Please follow the measures so we can overcome this COVID-19 pandemic together. I know it is very difficult but our best contribution in this fight is to STAY HOME. For the elderly, this is most advisable – Senior Minister Goh Chok Tong (06 April 2020)