Tag Archives: retirement planning

Hospitalization Coverage in Singapore

After retirement, how are you going to pay for your hospitalization premiums?

After retirement, how are you going to pay for your hospitalization premiums?

Most of us in Singapore have a comprehensive hospital coverage to protect ourselves against the rising medical costs so that should anything happens, we have a peace of mind as the insurance company is there to take care of our hospital bills.

However, have you thought of what happen after your retirement? Without an income coming in or lesser income coming in, how are you going to pay for your hospital premiums when it will increase as you aged older? Do you have an additional of $89,000 coming in after retirement?

If no, what are you going to do? How are you going to pay for it? Not forgetting that this is the time you need hospital coverage the most?

Do contact me if you want to know what are the various options that are available to you so that you have this sum of money coming in after your retirement.

 

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The Importance of Retirement Planning. Have You Plan Yours?

The Future of Retirement 2015 Report by HSBC

The Future of Retirement 2015 Report by HSBC

In the recent report “The Future of Retirement 2015” by HSBC, it was found that many people in Singapore did not plan for their retirement. 61% of the retirees are concerned about running out of money in retirement. About 41% regretted not savings more, 35% wished they had started earlier to improve their standard of living and 19% said that their living standards are worse than before they retired.

The facts and figures speak for themselves. Do you want to be like them ended up regretting not planning for retirement earlier? Do it now and don’t delay anymore. Let the old aged you thank you for the decision you make today. 

It is Your Life, If You Don’t Plan for Yourself, Who Will Do the Planning for You?

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