Nobody Plan to Fail BUT Fail to Plan !!!

In the market, there are plenty of saving tools that we can selected to plan our lifestyle at age retire. The saving tools currently we known-well are:

1. EPF
   
2. Bank: Saving Account, Fixed Deposits
   
3. Investment: Mutual Fund, Equities, Unit Trust, foreign Exchange
   
4. Property: Shops, Houses, Lands, Assets
   
5. Insurance: Endowment

Besides the 5 saving tools mentioned above, there is a new saving tool in the market, name Annuity Income Account, which also can help us to plan our lifestyle at retire age. This account currently is very popular in the market, and most of the Insurance Company and Banks have launched this account since few years ago. As Great Eastern agent, let me share my company's Annuity Income Account

For an example:

Example

1. A 30 Age person, saving 24,000 per year, and it is ONLY saving for 10 Years. Total savings in 10 Years is 240,000.
2. After 10 Years savings, the 1st Check payable worth 33,000 will issue out.
   
3. On sub sequence year, a check payable worth 12,000 will be paid, and this amount will continue issue by company until age 87, and yet total is 600,000
4. Upon maturity age (87), this account will close, and our principal 240,000 plus interest calculation, total 400,000 will pay back
5. Grand Total is 400,000 + 600,000 = 1,000,000.

- There are 4 Benefits for this Annuity Income Account, which are:

1. Guarantee savings ONLY for 10 years
2. Guarantee cash back AFTER 10 years
3. No Risk as it is a saving account; Return 5%- 8% which is higher than others saving account
4. Free Insurance Coverage 160,000 where cover Death/ Disabilities; If there is one of 36 critical illness occur, let say at 2ND year already do saving 48,000, company will save the amount for the balance years on behalf us.

The purpose to open Annuity Income Account are:

1. Retirement / Protect EPF Account: Upon retire age , let's say 55. Our health condition is not good as our younger stage. Besides that, if we do have family, our children will be around 22 - 23 years old and we need to pay their education fees. So, if we do so use EPF to settle above criteria, how much will left for your own retire lifestyle? 10,000 or 20,000? And how many years we can survive with this balance? Ask yourself! There is article said that 72% of retire person, finish spend the retirement fund within 3 years
2. Estate Planing: Today we work because we plan for "Today" and " Future" . We will not calculate 100% perfect, and completely finish all our savings before we leave the world.We will definitely have a balance. Let's we have a balance 1 million in our bank. In previous time, most of us will 100% give 1 million to our next generation. Do you realize it creates situation BIG money become SMALL money.

Why it become SMALL money? Think about it. our grand parents/ Parents can earn 1 million, shall the next of kin can earn 1 million too? Also, the wealth management ability play a important roles. That's why most business man worry rich can't pass over 3rd generation (富不过三代)


There is a way to resolve the issue where:

A. Instead 100% allocate and give to next of kin, we allocate 50% or 500k to them for their own usage

B.The balance 500k, we roll into Annuity Income Account where: 1) Every month company will issue an amount 2000 Check and 2) at the same time generate another 1 million. Grand Total to generate is 2 million in our account, and creates another extra 1 million in our account. This situation create SMALL money become BIG money







For details, please call me, 016-2630519 and we can arrange to meet for better understanding. Do hurry while stock last, ya !! :Þ