Singapore Financial Planners

If you’ve been looking for retirement plans that pay you a monthly stream of revenue, the AXA Retire Happy Plus (II) is probably what you’re looking for. This policy was built to provide you with a consistent flow of retirement income at your selected retirement age. What makes this plan attractive is that they provide a 100% capital guarantee with up to 2.67% guaranteed returns per annum. It also allows you to participate in the performance of the Participating Fund in the form of non-guaranteed cash benefits that may be declared and allocated from time to time.   Criteria You will need to be minimally 18 years old based on the policy attained age and within 65 years old based on your nearest birthday Depending on the premium payment option selected, For regular premiums: A minimum of S$2,400 annual premium For single premium: A minimum of $20,000 for cash payment, or $12,500 for payment via your Supplementary Retirement Scheme (SRS)   Features Payout Options Bef...

As part of the retirement planning in Singapore article , here is another retirement/savings plan broken down and summarised. In this review, I will be covering the AXA Early Saver Plus.   The AXA Early Saver Plus is a form of endowment plan offered. Unlike the AXA SavvySaver , the Early Saver Plus was designed for you to save for your children’s education. Despite being designed this way, you may still choose to opt for this policy for various milestones in your life.   Criteria To qualify for the AXA Early Saver Plus, you will need to be below 61 years old Minimum premium of S$1,800 yearly   Features Payout Options There are 2 payout options available for this plan. The first option is to make cash withdrawals from the guaranteed portion of the plan in the last 3 years of the policy. If you were to choose this option, you will receive 20% upon maturity, and 40% for the first 2 withdrawals. The second option is to reinvest the payouts and make a lump sum wi...

The AXA SavvySaver is categorised as an endowment plan. Its purpose is to be flexible enough for you to enjoy liquidity while also helping you save for your long-term goals.   Criteria Below 60 years old to qualify signing up for AXA SavvySaver Start saving with as low as S$100 monthly   Features Payout Options Upon signing up for this plan, you have 2 payout options available. The first option is that you can choose to receive a yearly payout from the guaranteed portion from the 2 nd policy year until the policy matures. Alternatively, you could decide to redeposit these payouts and receive a higher lump sum upon policy maturity.   The minimum withdrawal limit is equivalent to your one-year guaranteed cash payout. Payouts that were withdrawn cannot be deposited back with AXA.   Policy Terms There are 4 policy terms that you are able to choose from. Depending on your needs, you can choose to opt for a policy term that is 15, 18, 21, or 24 years long. ...