Which insurance plan is best for retirement? What about to provide annuity payout?

There are quite a lot of them.

A few of my favourites (highest projected and guaranteed):

For lifetime annuities -

1) Aviva MyLifeIncome

2) China Life Lifetime Income Plan

3) NTUC VivoWealthSolitaire

4) China Taiping Infinite Harvest

For limited year payouts (over 10-20 years after retirement) -

1) Aviva MyRetirementChoice

2) Manulife RetireReady

3) NTUC RevoRetire

With a retirement plan, you get guaranteed income, ideally in a monthly mode so that you can cover your core expenses.

Kind-of like a low risk passive income source.

These are FIVE retirement plans to look at now

They are the following (You may click to get the brochures)

1) AIA Retirement Saver III : III is the newest version

2) AVIVA MyRetirement Choice : Choice is the newest version with most flexibility

3) AXA Retire Happy Plus : Plus is the newest version

4) Manulife Retire Ready Plus : Plus is the newest version. Sold in DBS

5)  NTUC RevoRetire Retire : Previous version was a different plan name

In the post is a detailed explaination of the various plans.

https://www.theastuteparent.com/2018/08/5-best-...