The Debate over Whole Life Insurance and Term Insurance
The Debate for Whole Life Insurance and Term Insurance are ever going. First and foremost, let’s understand the simple definition for each of them, then what’s the debate all about and my opinions on how to go about choosing which is the best choice for you… Whole Life Insurance A whole life insurance is normally […]
Financial Planning Tip #1: Pay Yourself First
Financial Planning Tip #1: Pay Yourself First – Save 10% Of Your Monthly Income Singaporean’s Retirement Age has just raised from 62 to 65 with effect from 1 July 2008. This, with in sync with better science, health, medication advances, males are expected to live till 80 whereas females are expected to live till 88, […]
The Impact Of Current Inflation On Your Future Lifestyle
Have you ever wondered “why the poor gets poorer, and the richer gets richer?” I have been pondering on this question for the last few days after going through some financial planning with some clients. Many of these clients, whom I have the privilege to do their financial planning, come from low to middle-income earners. […]
Are You For Or Against Insurance?
Today I had a chance to do a review for a client on her Hubby’s Two Insurance Policies bought in the Year of 2001. (note, at the juncture of reviewing, I only thought this is just purely understanding what the policies are all about… read on…) Let’s see what the Hubby had bought in 2001: […]