Advertisement
Priorities being able to draw out at least 1k each month from age 55 onwards.
5
Discussion (5)
Learn how to style your text
Tan Li Xing
08 Dec 2019
Financial Consultant at Prudential Assurance Company (Singapore)
Reply
Save
Elijah Lee
20 Nov 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hi Shulingg,
Most insurers have their version of a retirement plan, so to start off, you would want to ask yourself what kind of plan you would want.
Some key considerations include:
You would want to work with an indepedent financial advisor such as myself in order to ascertain the options available, and get a customized comparison specific to your request. Incidentally, I was just giving a seminar on retirement plans yesterday evening, it might have helped you understand the options better.
Reply
Save
Hariz Arthur Maloy
20 Nov 2019
Independent Financial Advisor at Promiseland Independent
Hi Shulingg, every Insurer has their own version of a retirement plan, and because I'm from an Indep...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Hi Shulingg,
I believe every insurer will have a product that meets what you are looking for, however depending on the term you are looking at to receive the 1k monthly, the premiums can be on the higher end, and you might need to already start putting away abt 1k of your monthly income.
Else instead of providing you 1k each month, there are wealth accumulation policies that will help fulfil part of the 1k monthly payout you are looking for. But of course what would help is to have a proper needs and financial analysis done before coming up with the best solution for you :)