4 Steps to Plan for Your Retirement
4 Steps to Plan for Your Retirement In all my years as a financial practitioner and money coach, I’ve met people who are nonchalant about their retirement planning and those who are concerned and determined to make their dream retirement come true. What was the difference between them? The ones who were on track to […]
3 Compelling Reasons Why A Multi-pay Critical Illness Cover Is Your Best Bet for Comprehensive Protection in Singapore
3 Compelling Reasons Why A Multi-pay Critical Illness Cover Is Your Best Bet for Comprehensive Protection in Singapore Even the fittest and most health-conscious individuals are not spared from diseases and illnesses. They can strike when least unexpected. The top 3 common illnesses in Singapore are cancer, stroke and heart attack. Treatments, tests, surgeries and […]
In Two Minds About Enhancing Your Long Term Care Protection? Here are 5 Facts That You Can’t Ignore!
In Two Minds About Enhancing Your Long Term Care Protection? Here are 5 Facts That You Can’t Ignore! ElderShield is a severe disability insurance plan which provides basic financial protection for long-term care. It pays out $300/month or $400/month, for up to 5 and 6 years respectively, if you’re disabled i.e. defined as inability to […]
ILPs and Escalating Insurance Charges
ILPs and Escalating Insurance Charges I have a handful of clients whom have bought regular premium Investment-Linked Insurance Policies (ILPs). All of them are unaware of the escalating insurance (or mortality) charges as they have never been informed of these charges when they were sold the plans. So, you can imagine the disbelief on their […]
Investment Linked Products (ILP) in Singapore – A Ticking Time Bomb!
Investment-Linked Insurance Plan: A Ticking Time Bomb! The Straits Times article “Insurance ‘Time-bomb’ Set To Explode, Investment-linked Policies Incur Rising Costs Which Buyers May Not Be Aware Of” published on February 12, 2005 never quite left my mind. The headlines immediately caught my eyes back then, before I entered the Independent Financial Advisory (IFA) industry. […]
Financial Planning for Women in Singapore
Financial Planning for Women in Singapore The Straits Times article “Why Women Need to Focus on Financial Planning” published on March 4, 2018 reiterated how important it is for us women, whether single or married, younger or older, to be in charge of our own finances. Budgeting, cash flow management, retirement planning, being adequately protected […]
The Top 4 Priorities in Every Single Woman’s Financial Planning
The Top 4 Priorities in Every Single Woman’s Financial Planning In my decade long experience as a comprehensive financial planner, I have had the privilege to serve a number of single women professionals who are highly driven and successful in their careers. I have come to appreciate the fact that single women have needs, financial […]
Is Maternity or Pregnancy Insurance Necessary for You?
Is Maternity or Pregnancy Insurance Necessary for You? Many newly wedded women are still new to the idea of maternity or pregnancy insurance. A good number of women who are already pregnant also do not give much attention to this type of protection. The cost of not being informed can be great, especially, when things […]
What Can Singapore Do to Improve the Financial Literacy of Its People?
What Can Singapore Do to Improve the Financial Literacy of Its People? Just thought of sharing with you that my ideas on a subject I am passionate about have been published in the Straits Times on May 7, 2015 on page 29. Here’s a copy of my write-up as it appeared in the newspaper. I […]
A Lasting Power of Attorney Can Save Much Agony
A Lasting Power of Attorney Can Save Much Agony Wealth distribution (Estate Planning) is an important component of comprehensive financial planning. The intentions of how one’s assets are to be distributed are captured in legal structures like Wills and Trusts. In addition, I would advise clients to consider putting in place a Lasting Power of […]