Hello People. Am 42 , all my life been only buying ins savings plans. I need to plan for retirement looking at 10 to 20yrs. 100k to invest where do I start. pls guide tks. Any advice?

I'm also in your position. I also have savings plans, but I felt it wasn't enough. I'm not sure about your risk appetite. For me, I want to grow my money even more than 3-3.5% that the insurers are giving, since I have a long time horizon of 25 years.

I started picking stocks last year. If one is willing to do the hard work and learning to pick the best companies to invest in and monitor them quarterly, one can certainly reap results in tandem with the growth of these great companies.

All the best!​​​

Hi, it depends on your risk appetite. There are lots of retirement plans or tools to achieve retirement, sometimes it can be overwhelming. some tools yields high returns, but high risk. some tools or plans yields ok returns, low risk but returns are guaranteed upon maturity.

Besides retirement, what is important is also to have a retirement plan that besides providing for savings, it covers protection for disability when you are over 70years old (to provide coverage for advance age payouts in the event of touchwood disability). Most insurance life /savings coverage stops disability coverage after age 70. (excluding careshield life, but it doesnt cover retirement savings).

feel free to connect if you are keen to explore on a safe retirement route to park your money and grow it further safely upon maturity.​​​