Archive for the ‘Personal Wealth Accumulation’ category

PruInvestor Guaranteed Plus Relaunched!

January 25th, 2010

$50m SOLD OUT

(within 1.5 days, 29-30 Jan)

You may email me your contact if you want to be informed for future launch of PGP

One of Prudential’s hot single premium endowment, PruInvestor Guaranteed Plus aka PGP, is back!

Have you been putting your money in bank fixed deposits or normal savings account earning that miserable interest? Let me show you how PGP can be a good alternative for you.

At 2.25% Guaranteed, a $10,000 program will have a maturity of $11,176.78 after 5 years!

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Women & Retirement Planning

October 3rd, 2009

Is women retirement planning important? After all, quite a handful of my female clients told me that they will be well taken care of by their husband or children for their retirement.

Can that dependency considered as retirement planning? For this blog post I would like to highlight and share with you 2 important points for your consideration.

Women live longer

Female lives on average 4.8 years longer than their spouse. If there were no proper financial planning done, women who primarily depend on their spouse for retirement will face difficulties in their final years.

life-expectancy

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Rule of 72

September 13th, 2009

rule-of-72One of the most important thing that I’ve learnt in my work as an insurance agent is Rule of 72.

To some, it may sound very alien. However, understanding this rule can help you make saving or investment decisions more wisely. Does it well, and you might achieve financial freedom earlier that you thought.

 

What is it?

Rule of 72 tells you how much time your money will take to double.

Formula

number of years = 72 / (interest rate)

Example 1 – Bank Savings

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