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Should Annuities Be Part
of Your Retirement Plan?
Presented by: Muneer Halim
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Disclaimer
All materials and contents found in this Site are strictly for information purposes only and should not be considered
as an offer, or solicitation, to deal in any of the funds or products found in this Site. While iFAST Financial Pte Ltd
("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical
or factual inaccuracies and typographical errors. Any opinion or estimate contained in this Site is made on a
general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or
any of them made any investigation of the investment objective, financial situation or particular need of any user or
reader, any specific person or group of persons. You should consider carefully if the products you are going to
purchase into are suitable for your investment objective, investment experience, risk tolerance and other personal
circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a
financial adviser, before making a decision to purchase the investment product. Past performance is not indicative
of future performance. The value of the investment products and the income from them may fall as well as rise.
Opinions expressed herein are subject to change without notice.
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Fundsupermart
Bonds Unit Trust MAPS
Insurance
Stocks
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Today You Will Learn
What Are Annuities?
How Can Annuities Help
You?
How Much Should I Put In?
Why Fundsupermart?
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What is Retirement?
• Retirement is the point where a person stops employment
completely
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• Who would like to retire early?
• What will be your primary worries when it comes to
retirement?
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What are Some of Your Fears?
• Lost of my income
• Savings
• Do I have other streams of income?
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Imagine
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Age 50
• Bank Balance : $500,000
• $20,000 per year
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Age 60
• Bank Balance : $300,000
• $20,000 per year
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Age 70
• Bank Balance : $100,000
• $20,000 per year
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Age 75
• Bank Balance : $0
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0
100000
200000
300000
400000
500000
600000
50 55 60 65 70 75 80 85
Bank Balance
Bank account
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What are Some of Your Worries?
• Stocks stop paying Dividends
• Sold a stock at 200% gain, what stock to buy next?
• Bonds opt to call in early
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What If…
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https://www.imoney.sg/fixed-deposit
$4,050
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0
100000
200000
300000
400000
500000
600000
50 55 60 65 70 75 80 85
Bank Balance
Bank account CPF
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Annuities
• Single Premium / Regular Premium
• SRS / Cash
• Guaranteed Monthly Pay Out Age Tends to Start from Age
55, 60, 65, 70
• Last Entry Age: 62
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Different Types of Annuities
• Pays a Fix Period
• Pays for a Life time
• High pay out, Low bequest
• Low pay out , high bequest
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Different Types of Annuities
• Parent with Kids
• Single
• Parents with No Kids
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• Endowment vs. Annuity
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Why Annuities?
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Cash
CPF Life
Annuities
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Basic monthly expenses
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Why not Top Up my CPF?
• One Way Traffic
• Emergency Situation
- Unforeseen needs of family members
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When Should I Get an Annuity?
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Benefits of Starting Annuity at an Early Age
Age 30 Age 40 Age 50 Payout at Age
65 to 80
Total Guaranteed
Received
Premium / Year $6,918
Number of Years 10 years
Total Premium
Paid
$69,180 $1000 $180,000
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Benefits of Starting Annuity at an Early Age
Age 30 Age 40 Age 50 Payout at Age
65 to 80
Total Guaranteed
Received
Premium / Year $8,956
Number of Years 10 years
Total Premium
Paid
$89,956 $1000 $180,000
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Benefits of Starting Annuity at an Early Age
Age 30 Age 40 Age 50 Payout at Age
65 to 80
Total Guaranteed
Received
Premium / Year $12,464
Number of Years 10 Years
Total Premium
Paid
$124,640 $1000 $180,000
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• Too Early
• Too Late
• Ideal Age
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If you are between the age of 35 – 45, the ideal time to
start
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NOW
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Why Fundsupermart?
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Organize
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Why Fundsupermart
• We organize
• We compare
• We support
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• Planning a sound retirement is like planning for a trip
• Know your final destination and how to get there
• Everyone’s plan for retirement is different
• Create a map, regular checks
• Make sure you are still on the right track
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Thank You!
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If you have any questions, please visit us at
the Insurance section of our FSMOne booth!
