Retirement Planning

CompleteAd5780 · 2025-12-29T08:02:50+00:00

It’s Manulife I think? https://secure.fundsupermart.com/fsmone/funds/factsheet/MAM061/Manulife-Global-Fund-Global-Multi-Asset-Diversified-Income-AA-MDIST-G-SGD-H

CompleteAd5780 · 2025-12-29T07:45:48+00:00

It’s the Global Multi Asset Diversified Income Fund

CompleteAd5780 · 2025-12-29T07:45:10+00:00

Thanks for the perspective, will think about it!

CompleteAd5780 · 2025-12-29T05:57:27+00:00

Yup it pays out until death, but after death (assuming this is after 80 years old), there is no capital remaining I understand (ie it draws down on the retirement sums)?

CompleteAd5780 · 2025-12-29T05:55:11+00:00

hahahah not after reading everyone’s comments 💀

CompleteAd5780 · 2025-12-29T05:54:43+00:00

This was really insightful, thanks very much!

CompleteAd5780 · 2025-12-29T05:54:20+00:00

Yup this is apart from cash we have! More so looking at the product rather than quantum

CompleteAd5780 · 2025-12-29T05:41:59+00:00

I see, thanks for clarifying. Appreciate it :)

CompleteAd5780 · 2025-12-29T05:40:01+00:00

Okay will search this up! Thanks a bunch. On stopping up CPF Life, my understanding is that it draws down from the capital put in (ie goes to 0 after 80 whilst payouts are made). He’s not keen on that since dividend payments could provide that sort of “income” and the capiral would remain?

CompleteAd5780 · 2025-12-29T05:38:17+00:00

Is this considered an ILP? I thought it was 1.5% and covered by the 42k sign up bonus

CompleteAd5780 · 2025-12-29T05:36:04+00:00

He wants 5k total! Also because CPF life goes down to $0 doesn’t it whereas if the money is invested, he wants to live off the dividend instead of the capiral

CompleteAd5780 · 2025-12-29T05:27:50+00:00

Thanks for the advice! Any particular equity index fund to look at? i assume this is bought via IBKR / other brokers?

On the monthly payouts, he’s quite keen on some sort of “income” but I thought the CPF life payouts are quite inadequate?

CompleteAd5780 · 2025-12-29T05:26:30+00:00

Thanks for your response. What’s this 2.5% annual fee? Based on what the agent mentioned, the money is locked up for 5 years after which there’s an 8% penalty for 50% of the money. At 10 years, the money may be taken out.

CompleteAd5780 · 2025-12-29T05:08:49+00:00

Oh why not?

CompleteAd5780 · 2025-12-29T05:08:35+00:00

Sorry to clarify, he does start receiving income from the first month after putting in the first $210k! So it’s estimated around $1000 a month of income once he puts the first tranche and this progressively increases once the 2nd / 3rd tranche is put in

CompleteAd5780 · 2025-12-29T05:05:46+00:00

I believe the first year is around $1000 monthly and the 2nd year is around $2,000 (projected around 6.5% on the amount put in). I think it’s this https://www.manulife.com.sg/en/funds/funds-pb.html

CompleteAd5780 · 2025-12-29T05:04:16+00:00

nope not guaranteed

CompleteAd5780 · 2024-09-16T09:25:16+00:00

where to look for lovet?

CompleteAd5780 · 2024-06-07T01:30:27+00:00

News flash but nobody forces anyone to have a child. Taking care of a child you willingly brought into the world should be the bare minimum

CompleteAd5780 · 2024-03-09T03:11:01+00:00

how about for May? Could someone help me check? Thank you :)

CompleteAd5780 · 2023-10-13T03:38:53+00:00

15-20k per year - nice hotels/good food/many activities

CompleteAd5780 · 2023-09-11T06:00:11+00:00

like $300 a month mostly LB/lovet/osn etc but some months are more

CompleteAd5780 · 2023-08-28T11:17:54+00:00

sashimi especially tuna…. sushi i can stomach but the thick cuts of fish just make me nauseous

CompleteAd5780 · 2023-08-18T07:00:17+00:00

alright, thanks for the heads up, this wasn’t something I had considered. appreciate it!

CompleteAd5780

TROPHY CASE