Numbers are out:
https://docs.google.com/spreadsheets/d/1LnC_UaCxxxmDDaeQPVZ-0FSRAQXTCd5qE6Fc-sYhzQ8/edit?usp=sharing
For yyhwin's policy at inception:
Guaranteed returns:
1.59% IRR
Projected (non guaranteed returns:
3.88% IRR
For a term + invest self structured product, key parameters:
1. Bought cheapest level term policy with similar coverage (100K TPD and CI) on comparefirst
2. Project based on ES3 STI returns, -1% absolute off those returns to take into account trading cost, and to add a level of conservativeness
3. Intentionally make it such a way that first 10 years cash outflow from person's perspective from 26 years old to 65 years old is the same.
Term + Invest returns :
4.95% IRR
NON-GUARANTEED
Of course there can be a lot of different parameters, but I would believe this should be a good base for discussion.