Photo taken in Dec 2012, Germany, Munich
Many Singaporeans plan their retirement, predicting when they would die.
I met this 50-year-old guy few seminars ago, he told me that he intends to retire at Age 60 and he only like to plan his retirement till 70 because both his parents had pass-on before Age 70. Thus, he is thinking – it should be the same for him.
Do you know that there are an estimated 900 centenarians in Singapore as of June 2013?
Most of them lives in the East side of Singapore. So, if you want to live longer, sell your house and move to the East. Singapore is 3rd in the world for life expectancy, report from WHO, 18 May 2017.
More importantly, if you plan your retirement to end too early like Age 70, comes Age 65, you will probably be very worried knowing that your retirement income will run out by Age 70. If you are always in a state of worry, what kind of retirement lifestyle will you be enjoying?
We preferred to help our clients create Perpetual Retirement Income (or at least last till Age 90) for their retirement. This way, our clients do not need to plan – at what Age must they die.