Dear Valuable clients,
Below info taken from magazine PERSONAL MONEY, by Celine Tan (as per attachment)
HOW MUCH DO YOU NEED FOR RETIREMENT?
STEP 1 : ASK YOURSELF?
Can I maintain the kind of lifestyle I want?
Will My savings last till my mortality age?
Do I have enough money for holidays and contingencies?
It is important for you to assess your current way of life and project the kind of lifestyle that you would like to enjoy during your retirement years.
STEP 2: ESTIMATE YOUR WORKING YEARS AND MORTALITY AGE
How many yeras do you have in your wealth accumulation phase?
How long the money must last?
Standard National mortality age is : 75 FOR MALES, 78 FOR FEMALES
Should you lone longer than expected, you would face the risk of running out of funds.
STEP 3: ESTIMATE THE EFFECTS OF INFLATION AND INVESTMENT RATE OF RETURNS
INflation is a FACT of life and IT REDUCES THE VALUE OF YOUR MONEY.
The usual assumed rates of inflation is 3% to 5 %.
The trick to boost your retirement is to INVEST WISELY. Make sure that the investment return BEATS INFLATION.
SO DO YOU HAVE ENOUGH?
YOU MAY REFER TO ONLINE RETIREMENT CALCULATORS to get THE MAGIC NUMBER or YOU MAY CONSIDER ME to help you to get the number for you..
CALL ME WITH NO OBLIGATION,
At service,
Md Sulaiman 013-7556776
