Dreaming for a happy retirement? It is far easier to dream about the perfect retirement in Singapore than it is to plan for it. If you start planning early, your golden years may be every bit as enjoyable as you envision it to be. Whether it is spending time with your family, travelling the world, or refining your golf swing, having a steady income means you will have fewer worries about supporting your retirement.
Start planning for your retirement early to live the retirement lifestyle you look forward to with our range of retirement insurance plans in Singapore.
A flexible plan that provides monthly income after your premium payment term and accumulation period. Choose a premium payment term that suits your financial need, and receive monthly income for ten, twenty or thirty years from the end of the chosen accumulation period.
Secure a lifetime income for your loved ones and those important to you. Build either a lifetime income stream that will go beyond your future generation, or a passive income for a lifetime to maintain the retirement lifestyle you want.
According to most experts, your retirement income should be around 80% of your pre-retirement annual income. For example, if you have an annual income of $100,000, you'll need at least $80,000 annually to maintain a comfortable retirement life.
However, to estimate how much retirement income you need, you must first be aware of your retirement objectives. Imagine the sort of lifestyle you wish to have when you retire, and most importantly, what retirement means to you. Being realistic, as well as having precise and quantifiable retirement objectives, may allow you to have a more accurate evaluation of how much you need to set aside.