Planning for retirement. With the world moving at such a fast pace, it is probably at the bottom of most people’s to-do list.
If you’re looking to start planning for retirement, but you’re not sure where to start, we can help you set the ball rolling.
Detailed financial simulation for retirement planning
Most insurance companies access your financial stability for retirement by the big picture. This means that they will calculate the amount that you should save up before a certain age to ensure that you can retire from work with no problems, but they won’t tell you how.
With SGCompareInsurance, we understand that the big picture can sometimes be confusing. Although calculating how much you should save is important, another key step is to calculate the amount that you can spend, for you to be able to save up to the targeted amount.
With all the daily expenses and the high cost of living, we all know how easy it is to rake up a lot of expenditure.
From the financial simulation analysis that we provide, we will be able to give you a reasonable estimation of the amount you can spend and save by breaking down every aspect of your expenses year-by-year from your planned retirement age.
The financial simulation also includes our analysis of the Consumer Price Index (CPI), which allows us to see the trend of inflation that will, in turn, aid you in accessing the financial situation of the year that you plan to retire.
Besides calculating your daily expenses, we will also take into account your Central Provident Fund (CPF), and any other existing insurance and investments that you have to give you a right visualisation for your retirement.
Step by step planning for retirement starts early
Starting early also means that you will have time to plan carefully for your retirement.
At SGCompareInsurance, we have the necessary connections to various insurance companies and investment platforms, as well as the retirement plans they have. By comparing your financial situation and the different plans and their benefits, we will be able to ensure that you get the best deal.
We do so by planning your finances step by step, and show you the pros and cons of your existing plans (if you have), to build on it for an enhanced insurance for your retirement.
Due to the amount of work is done on the analysis and the unique financial simulation at SGCompareInsurance, it is therefore not a free service. A fee will be charged based on the work done for the financial simulation, which will then be waived upon implementation.
For more information on financial planning for retirement using our financial simulation, click here or reach out to us at (65) 65758400.
We will be able to share with you the process of the work we do, and the amount of effort put in to simulate the financial situation required — before you consider signing up for our service.
Fill up the form below and our advisor will contact you for your Retirement Financial Simulation!
Beside retirement planning, you may want to read some of our insurance policy reviews at out homepage here.