Singapore Expats Forum

Retirement Planning

Discuss the different insurance options from car to health insurance.
Jorden Ong
Newbie
Newbie
Posts: 1
Joined: Fri, 25 Mar 2011

Retirement Planning

Postby Jorden Ong » Mon, 28 Mar 2011 6:27 pm

Have anyone plan for you retirement?
How much are you planning for your retirement?
How are you going to do it?

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34270
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Mon, 28 Mar 2011 8:58 pm

tic....toc....tic.....toc.....

moderator

bluesky33
Newbie
Newbie
Posts: 1
Joined: Wed, 04 May 2011

Postby bluesky33 » Wed, 04 May 2011 7:02 pm

Hi Jorden,

It is always good to start planning for retirement early rather than late if you comprehend the concept of compounding.

Advisers generally advocate a mixture of endowments, annuities and investments to grow their client's money. However risk profile, budget and investment horizon of the client is taken into consideration before any financial planning is proposed.

It is in your interest to approach a licensed advisor who has access to multiple plaforms so as to compare the different yields and term from different principals. This is better for you than to approach an agent who has limits on his products due to his single principle representation.

Hope this helps.

Good luck.

Jiawei.Ho
Newbie
Newbie
Posts: 6
Joined: Sat, 15 Oct 2011

Postby Jiawei.Ho » Sat, 15 Oct 2011 3:21 pm

Planning for retirement is essential for every individual as that's a new phase of life that everyone will embark on.

The earlier you start your planning will reduce the burden of you having the need to pay for the premiums as you have a longer time horizon to make the contribution.

But everyone have very unique different financial health so it all depends on your's to make planning for you retirement.

And as for the amount that you need for planning comes down to factors like: Your monthly expenses that you need for your necessities, the kind of lifestyle that you will like to enjoy when you retire, etc....

beppi
Manager
Manager
Posts: 1751
Joined: Thu, 07 Sep 2006
Location: Ahlongistan (O$P$)

Postby beppi » Sat, 15 Oct 2011 5:35 pm

A newbie registering to immediately post 5 messages (which happens to be the number you need to send PM), all about insurance and financial planning.
I guess you will be history soon, unless you refrain from abusing this forum to advertise your own services. Have you read the forum rules?

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34270
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Sat, 15 Oct 2011 6:46 pm

I basically gave him warning in his first post (tic...toc...) I'm already watching and the first complaint I get from an unsolicited PM from him will result in his instant banning.

moderator


  • Similar Topics
    Replies
    Views
    Last post

Return to “Insurance”

Who is online

Users browsing this forum: No registered users and 0 guests