Are there any recommended annuities product with good reasonable guaranteed returns of say 3%? Thank you.?

Hi anon,

I'm going to exclude CPF Life from the discussion here, as lots of information about that can be found on the CPF website.

If you're looking at private insurer retirement income plans, the best I've seen is a guaranteed 2.6% p.a. at best, and even that product is going off market in a few days as interest rates drop. 3% guaranteed isn't available at all, but if you are willing to look at the non-guaranteed returns and take the average figure between the 3.25% projections and the 4.75% for a reasonable estimate, then you can likely achieve 3+% yield, which, by the time you take the payout, is guaranteed, as it would have been credited.

Hey there!

So far the best annuity will be CPF-SA since the returns of 3.5% are guaranteed. Of course the trade-off will be liquidity since any money moved to the SA will be irreversible.

You can look at retirement plans from insurers. They help to complement CPF payouts upon retirement age. Do consult a licensed financial advisor to explore your options.
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