Retirement Planning

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Retirement Planning

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  1. Retirement Planning

    Slide 1 - Retirement Planning

    • Virtual Advisor Module
    • Advisor.my (Demo only)
  2. Malaysians Are Living Longer!(Trend in Life Expectancy)

    Slide 2 - Malaysians Are Living Longer!(Trend in Life Expectancy)

    • Year
    • Male
    • Female
    • 2006
    • 71.80
    • 76.30
    • 2001
    • 70.30
    • 75.20
    • 1992
    • 69.20
    • 73.90
    • 1980
    • 68.00
    • 72.49
    • 1977
    • 66.10
    • 71.45
    • 1975
    • 65.40
    • 70.77
    • 1973
    • 64.45
    • 69.65
    • 1971
    • 63.69
    • 69.12
    • 1969
    • 63.78
    • 66.73
    • 1957
    • 55.78
    • 58.19
    • Department of Statistics, Malaysia.
    • Advisor.my (Demo only)
  3. The Conclusion

    Slide 3 - The Conclusion

    • We can live longer.
    • Can we afford it? Especially if we outlive our income?
    • Advisor.my (Demo only)
  4. Three Sources of Income At Retirement

    Slide 4 - Three Sources of Income At Retirement

    • Man at work
    • Money at work
    • Charity at work
    • On your retirement, which source of income would you like to depend on?
    • Advisor.my (Demo only)
  5. 2 will be self-sustaining

    Slide 5 - 2 will be self-sustaining

    • 23 will be working
    • 30 will be dependent on charity
    • 45 will be dependent on relatives or children
    • 100 young people aged 25 today will find themselves in one of the following positions at retirement age of 65:
    • After 40 years of working?
    • Advisor.my (Demo only)
  6. Fact of Life

    Slide 6 - Fact of Life

    • 93% of the men at age 65 who have failed financially said it was because of:
    • Lack of Planning
    • No one plans to fail!
    • But many fail to plan!
    • Advisor.my (Demo only)
  7. Save RM500 per Month for 10 Years!

    Slide 7 - Save RM500 per Month for 10 Years!

    • After 10 years, which account will give you the most savings?
    • Savings accounts are like toothpaste, easy to squeeze out but hard to put back!
    • Advisor.my (Demo only)
    • Bank A4%
    • Bank B
    • 6%
    • Tin Can
    • 0%
  8. How Long Will Your Retirement Savings Last?

    Slide 8 - How Long Will Your Retirement Savings Last?

    • Rate of Return
    • *RM1,000
    • *RM2,000
    • *RM3,000
    • 4%
    • 10 Yrs 1 Mth
    • 4 Yrs 6 Mths
    • 2 Yrs 11 Mths
    • 6%
    • 11 Yrs 6 Mths
    • 4 Yrs 9 Mths
    • 3 Yrs
    • 8%
    • 13 Yrs 9 Mths
    • 5 Yrs 1 Mth
    • 3 Yrs 1 Mth
    • 10%
    • 17 Yrs 11 Mths
    • 5 Yrs 4 Mths
    • 3 Yrs 3 Mths
    • If You Withdraw Both Principal and Interest, How Long Will It Take to Exhaust a RM100,000 Retirement Savings Fund?
    • * Amount withdrawn at the beginning of each month
    • Advisor.my (Demo only)
  9. If You Wait…You Lose

    Slide 9 - If You Wait…You Lose

    • If RM100 a month is saved, what will the savings worth at age 65, assuming a hypothetical 10% rate of return?
    • 20,146
    • 72,399
    • 207,929
    • 539,461
    • 908,734
    • 0
    • 100,000
    • 200,000
    • 300,000
    • 400,000
    • 500,000
    • 600,000
    • 700,000
    • 800,000
    • 900,000
    • 1,000,000
    • Age 20
    • Age 25
    • Age 35
    • Age 45
    • Age 55
    • Savings
    • Advisor.my (Demo only)
  10. During Retirement

    Slide 10 - During Retirement

    • You will need at least 60 - 80% of your final income to maintain your lifestyle.
    • Income from EPF may amount to only 40% of your final pay. According to EPF: Many use up their savings within 3 years after retirement.
    • People over age 65 face a 25% - 40% chances of needing some form of long-term care.
    • Inflation would have eroded the value of your money by then, and inflation never retires.
    • Advisor.my (Demo only)
  11. Nobody likes to be OLD or BROKE.

    Slide 11 - Nobody likes to be OLD or BROKE.

    • It is terrible to be both!
    • You can be young without money, but you can't be old without it!
    • Invest in an Insurance Retirement Plan today!
    • Advisor.my (Demo only)