Thursday, July 17, 2008

Financial Planning, Securing your future?

kuishin-bo yesterday with the Zionites at JP was very satisfying.. yummy.. and i think i can stuff one more mango pudding.. hahah.. when is the last time i met them? cant remember.. haha.. cant wait for the mahjong session tomolo..

do you know tat to save 1 million in 20 years, you need to save 4166.67 a month (of course i haven factor in the interest rate and stuff lah.. but still..)? do you know how much u need for you to live comfortably after your retirement? do you have an insurance yet? how much coverage you need for your insurance? do you know the inflation rate now? investment? wat type of investment? how? who, what, when?

i would really hope my friends will go and do some financial planning.. it is important.. no, i didnt join some financial planning group.. so i'm not trying to psycho u to buy financial products from me.. but i really realised how important it is to plan your financial properly.. otherwise you will slog your life away, an in the end u got nothing and have to depend on your children (provided u have any).. if you can provide for yourself after retirement, why rely on your children?

i got one financial planner, though i'm not sure she is good or not.. cos just met her a few times.. if any of u want, i can intro.. or you can find one yourself.. bottom line is, please do some financial planning..

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