Thomas Phua's Blog: Withdrawal age of CPF minimum sum may be raised to 65

Thursday, June 28, 2007

Withdrawal age of CPF minimum sum may be raised to 65

There is a saying, money is not everything but everything is money.

I may not live to age 65, but at least I know how I will fare before age 65 if I plan. The time line chart I posted earlier will now be useful to plot the retirement path.

Time to re-look at retirement needs.

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To Plan According to Client's Needs and not Wants

My mission statement sounds a little strange. I started as an insurance agent since 9th September 1988. I met many clients who bought insurance plan or have bought an insurance plan but did not fully understand what they have or how that insurance plan can benefit them and their loved ones. Of course, there are also those who know exactly what they need. I felt the most impact each time I handle a claim. This is the saddest part of my job. Such claims constantly reminds me of my responsibility towards planning to meet my clients' needs.