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Get $100 + $100 For Saving $250/mth Now
By Jack Lan on November 25, 2008  |  Comments 0

Get $100 + $100 For Saving $250/mth Now

NTUC Income is having a Festive Promotion for Revosave (TILL DEC 2008 ONLY), one of the best selling Regular Saving Plan for anyone in Singapore Year 2007!
Getting your Bonus soon, at this tough time saving it up is the best advise!
NTUC Income is Giving You:
You will get $100 Vouchers with $250 Monthly Premium Saving
You will [...]

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Take 5 Minute Quiz & Win iPod Touch 8GB & Asus Eee
By Jack Lan on November 14, 2008  |  Comments 1

Take 5 Minute Quiz & Win iPod Touch 8GB & Asus Eee

Have you heard of IM$avvy, recently heavily promoted in channel 8.  It is a website specially setup by CPF Board and MoneySENSE for Singaporean, to increase their general knowledge about financial planning and products. This is a great information website as most Singaporean are still lacking proper financial planning knowledge and advises.
Currently IM$savvy is running [...]

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Get $350 Shopping Voucher For Saving Regularly

Get $350 Shopping Voucher For Saving Regularly

NTUC Income, your trusted home-grown brand gives you extra this festive season. Sing Up revosave, a regular saving plan and be rewarded with Robinsons or NTUC FairPrice vouchers and enjoy everything your money can do!

You will get $100 Vouchers with $250 Monthly Premium Saving
You will get $200 Vouchers with $350 Monthly Premium Saving
You will get [...]

Types of savings

Fixed Deposits

Fixed deposits (FDs) are regarded as safe instrument to earn interest
on your money. You place with a specific sum of money for an agreed
term and interest rate offered by the bank. Larger deposits or longer
terms of duration have higher interest rates. Generally, the rates
offered are higher than those of regular deposit/savings accounts. Upon
maturity, you [...]

What Are Annuities?

What is Annuity?
An Annuity is a contract that provides a guaranteed income to the annuitant for life (or a shorter specific period) with income payments made annually, semi-annually quarterly or monthly.
Annuities have sometime been described as the opposite of life insurance because life insurance provides protection against someone dying too soon, annuities provide protection against [...]

The Retirement Planning Process

The Retirement planning process is made up of 6 steps:

Establish Goals
Gathering Relevant Data
Analysing The Data
Developing a Plan
Implementing The Plan
Monitoring The Plan

Let me bring you through the steps and explain how I usually use these steps to help my clients customize their retirement plan.
Step 1 – Establish Goals
Client’s goals vary significantly depending on many factors including [...]

Type of Assumptions Used For Retirement Planning

In retirement planning, there are a number of assumptions that I will  needs to take into consideration as these assumptions will have an impact on the final plan to be recommended to my clients. The assumptions can be grouped into two categories: Qualitative Assumptions & Quantitative Assumptions
Qualitative Assumptions
Qualitative assumptions refer to the type of lifestyle [...]