What are some retirement plans from insurance companies worth looking at?

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 :)

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:

• The duration of the payouts
• The guaranteed and projected returns (and hence, how much you would need to set aside in premiums to achieve your minimum requirement of $1000)
• The death benefit remaining should you not live to the full duration of the policy
• Any additional provisions or benefits in the event of severe disability

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.