If someone were to approach you for financial advice, and he is planning to surrender all his endowment policies and then use the funds to start investing via Endowus, how would you advise him?

HI Jimmy,

Both of you would need to sit down and work the numbers. Guaranteed vs Non-guaranteed, total cash outlay moving forward, expected ROI and using TVM, what is an ideal return he is looking to get back by terminating the policies.

He needs to be able to decide, whether he can make up for the loss difference due to early termination of the policies via investing. If he is not investment savvy, he might end up not generating any difference in his overall portfolio.

The crux of the matter is would be to find out why was there such a huge shift in his thinking process, and if so, craft the best solution that would have the least -ev for himself.

Hope i was able to shed some insight!