i retire

Already blog half way about some common sight we see in today's world in terms of earning a living. will post it some other day, cause just blog halfway..

anyway, today class... US history class.. bet u that no class can get more boring than this class..

anyway, just came back from office at 9 pm after our monday weekly meeting.. today a little late cause preparing for Feb 8 talk organize by our agency.. wont blog much about that..

anyway.. this is what i copied from the computer system... a new product launch by ing called ing i-retire..

hopefully i can submit one case by this friday.. cause it will really do me a VERY VERY VERY VERY big favour.

Case study;

Age ; 20 year old Male.

yearly savings : Rm 3141.94 ( save 20 years )

3rd year get back Rm 900

meaning 3rd years ownwards only save rm 2200 ( only less than 200 per month )

take Rm 900 every year till 55 years old . ( aka take Rm 19800 in 23 years )

after 55 years old, take 4500 every year till 85 years old. ( Rm 135000 in 30 years )

85 years old take one lump sum of ( Rm 135 k ) * forget how much, definitely wont be lesser than that..

so in conclusion.


19 800
+135 000
+135 000
------------
289 800
- 62838 ( ur savings )
-----------------
Rm 226 962

benefits : in 20 years, if one were to diagnose with 36 critical illness aka kena cancer, the rest of the savings dun have to pay, our company will help u pay BUT u still get back what u see on top.

benefit : if one were to be total permanent damage aka sitting on a wheel chair, lose ur hand eye and etc,, company will pay u one lump sum and u still can take money every year for 20 years or till 65 years old whichever comes first.
* same if u 'leave' the world earlier

k gtg makaning dinner d...