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...

3 Things You Should Know About the Changes In Health Insurance from 1 April 2021 Health insurance also referred to as hospitalisation insurance, is a fundamental component of any financial...

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...

6 Actionable Ideas about Personal Finance that Resurfaced during the 2020 Coronavirus Pandemic It has been almost a year since the World Health Organisation (WHO) declared the coronavirus outbreak a...

6 Behavioural Biases That Can Impact Your Investment Decisions Everyone has biases. Though we like to think we are rational human beings, the truth is we all have biases that...

6 Reasons Why Annuity Is A Good Fit In Your Retirement Plan Do you wish to sustain your lifestyle when you stop working? Are stability and predictability what you seek...

8 Ratios that Will Reveal Your Current Financial Health   Financial statements, specifically cash flows and balance sheets, can tell a lot about one’s financial position. To an even greater...

9 Reasons Why We Need A Financial Advisor A question that some prospects ask me is: “Do I really need a financial advisor? I think I am quite good with...

9 Tips for Smart Spending During the Holidays It’s the year end holiday season once again! Time for celebrations and gifting friends and family. Before the joy of giving turns...

9 Ways To Tackle Inflation Though the statistics for November 2017 Consumer Price Index reports inflation at less than 2% (source: Singapore Department of Statistics), inflation is here to stay...

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 you turning age 30 to 40 in 2020?Here’s What You Need to Know about CareShield Life. The much-awaited CareShield Life is launched today, 1 October 2020. I have been...

Banking on Your Employee Benefits Insurance? Think Again Most employees do not pay attention to their employee benefits insurance until a medical claim arises. And there are those who think...

Can InsurTech Replace Financial Advisors? The article “The Incumbent vs the Disruptor: How Much Has Changed?” published in the Asian Insurance Review dated September 2017 was an interesting read. It explores...

Comparison of Retirement Income Plans in Singapore Is Not Quite Accurate The article “Retiring Right … and Picking A Plan That Fits You” published in the Sunday Times on 17 April...

Conventional Critical Illness Coverage or Early Critical Illness Coverage? Which type of critical illness plan is suitable for me – conventional or early critical illness coverage? Should I go with a single-pay...

Critical Illness Insurance is More Crucial Than Ever Before Insurance is a great risk management tool that you can get at an affordable price in exchange for the leverage it...

Detoxify Your Financial Health A friend and client recently went on a 5-day detoxification program. He had only lemon juice diluted with water and sweetened with maple syrup throughout the...

Disability Income Insurance in Singapore 9 out of 10 people I speak to have not heard about Disability Income Insurance (DII). They assume that Total and Permanent Disability (TPD), which almost all of...

Do You Have Adequate Critical Illness Insurance? The Straits Times published an article “AIA survey uncovers 3 gaps in CI coverage here” on 22 August 2016. I am not surprised...

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...

Gift Yourself A Year-End Financial Checkup As we start to get busy with the festive preparation, it can be tough to find time to organize and review your financial life....

How Do You Envision Your Dream Retirement? Jetsetting around the world? Doing more charity work? Pursuing a hobby? Or continuing to work on a part time basis because you are...

How does CareShield Life affect me? Should I switch to CareShield Life or stay put with ElderShield? In my previous article, I shared what one needs to know about CareShield...

How Much Of Life Insurance Do You Really Need? Everyone needs insurance, whether you are a young working adult, a new parent, a homemaker, or a retiree. According to the...

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...

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...

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...

Is Maternity or Pregnancy Insurance Necessary for You? Many newly wedded women are new to the idea of maternity or pregnancy insurance. Women who are already pregnant also do not...

Is the Supplementary Retirement Scheme (SRS) Worth Your While? What is the Supplementary Retirement Scheme? The Supplementary Retirement Scheme (SRS) is a voluntary saving scheme to encourage individuals to save...

Life Stage Planning – Make Financial Planning Part of Life Planning Just like how financial markets fluctuate, your finances and financial needs will also change with time. Fortunately, it is...

One More Reason Why You Need Disability Income Insurance As I have shared with you in my earlier post, claiming from Disability Income Insurance (DII) is less stringent than from a plan...

Pay Yourself First It’s family before self for most Singaporeans, as this article in The Sunday Times, 29 October 2017 reported. Pay yourself FIRST. Whether you belong to the sandwiched generation...

Retirement Age in Singapore to Go Up The 18 August 2019 Straits Times article headline “National Day Rally 2019: Retirement age to go up to 65, older workers’ CPF rates to...

Retirement Planning in Singapore: Which Retirement Income Plan Best Fits You? The article titled “Retiring Right … and Picking a Plan That Fits You” was published in the Sunday Times...

Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 1 A well deserved, comfortable retirement is what we all look forward to in our golden years. Needless to...

Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 2 Retirement Planning Mistake #5: Underestimating Health Care Costs It takes just one serious health crisis to severely drain you...

Secure A Comfortable Retirement by Avoiding These 12 Mistakes – Part 3 Retirement Planning Mistake #9: Investing Too Aggressively – Or Not Aggressively Enough Invest too aggressively and you could end...

Should You Withdraw CPF Cash at Age 55 The Straits Times article “Should You Withdraw CPF Cash at Age 55” published on 23 September 2018 is a good read and...

Singapore Annuity Plans What Exactly is An Annuity? If you have read about retirement planning in Singapore, you would have come across the terms ‘annuity’, ‘annuity plan’ and ‘private annuity’...

Singaporeans are Critically Lacking in Critical Illness Protection. Are you one of them? The Straits Times article published on 27 April 2018 “Singaporeans Lack Critical Illness Insurance Cover: Study” revealed...

The 4 Financial Management Habits That Successful People Practise Faithfully What is financial planning? The typical response I get is “Buying insurance and investing to grow my money”. That is...

The Need To Secure Your Long Term Care Severe disability can happen to anyone, at any age. It can cause both physical and financial hardship for you and your loved...

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...

Using Insurance to Supplement Retirement Funding Needs I came across an article titled “Growing Your Wealth With Insurance” in the Business Times on 3 March 2016. This article is another...

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...

What Is Eldershield Insurance All About? I’ve been asked a lot what the national ElderShield scheme is about. Eldershield was first launched by the MInistry of Health (MOH) in September...

What Is Estate Planning? Estate planning is the process of arranging the distribution of the assets of a person when he or she passes away. The word ‘estate’ means net...

What To Know About Emergency Fund It is no surprise that when life presents an emergency, it threatens our financial well-being and causes stress. Being prepared with an emergency fund...

Which CPF Life plan best suits your needs? The Straits Times report “Is the New CPF LIFE Plan Ideal For You” dated 22 October 2017 explored the payouts of the different plans and how...