retirement plan

[bighead.xiao]

hi,

i will like to have a retirement plan. Is there any recommendation of which retirment plan shuite me most.

Am female, non smoker 37yrs, commit to premium term for 10yrs, will like to retire at aged 50yrs old.

Which retirement plan will be best?

kindly pls pm



Thanks

 

[SBC]

Yes, there is such plan. Unless you are having other good sources of income or fund, else you will need to rejoin workforce by 60.

 

[Maeda_Toshiie]

hi,

i will like to have a retirement plan. Is there any recommendation of which retirment plan shuite me most.

Am female, non smoker 37yrs, commit to premium term for 10yrs, will like to retire at aged 50yrs old.

Which retirement plan will be best?

kindly pls pm



Thanks

DCA index funds such as STI ETFs.

https://www.reddit.com/r/singapore/comments/4o5sjd/is_it_still_a_good_time_to_invest_in_the_sti_etf/

 

[Shiny Things]

hi,

i will like to have a retirement plan. Is there any recommendation of which retirment plan shuite me most.

Am female, non smoker 37yrs, commit to premium term for 10yrs, will like to retire at aged 50yrs old.

Which retirement plan will be best?

No matter which plan you pick, you're not gonna get a whole lot out of that plan.

If you pay the premium for ages 37-46, then pull the whole lot out four years later, then at the interest rates going at the moment you'll probably get about 20-30% more than you put in, in return for locking your money up for nearly 15 years. That's not a great return! And unless you're putting in a few thousand dollars a month, it won't be enough to retire on.

So, here's the deal. If you're able to put away, say, $5k-$10k a month, you might be able to retire at 50 (which is, let's be honest, pretty early!). If you can't, there's no retirement plan that's going to make that money magically appear, and you're going to have to delay your retirement.

 

[FP_IFA]

hi,

i will like to have a retirement plan. Is there any recommendation of which retirment plan shuite me most.

Am female, non smoker 37yrs, commit to premium term for 10yrs, will like to retire at aged 50yrs old.

Which retirement plan will be best?

kindly pls pm



Thanks

If you are going to retire at 50 years old, can you survive at least 30 years of no income?

The earlier you want to retire, the more you need to have.

 

[orange_sky]

Cpf is your best plan. True story

Sent from Samsung GT-N7105 using GAGT

 

[~sabaisabai~]

Retire at 50. its abit early. 50 still young and can work.

 

[rrr2015]

before you even start retirement planning
i feel you should at least gather the following:-
current networth (assets - liabilities)
current annual expenses (which you can estimate your future spending)

with these data, you can at least estimate how much more you need at 50 to start your retirement