Just came back from an ING Business Opportunity Preview ( BOP ) held at ING building.
unfortunately, i got to admit that today talk wasn't good at all, not even average.. not organize well..
next week will be our turn to be the in charge agency..will definitely do a better job than them :P
When a man retires, his wife gets twice the husband but only half the income. ~Chi Chi Rodriguez
a quote that i found on the net, but how true?
looking at stats today, many ppl have fail to even reach the benchmark of having half the income as simply because many of them really thinks that retirement is just a small issue .
and their so called epf will be more than enough to cover their living expenses after their retirement age at 55 till 75..
but even the star and many other major newspaper in our country has express that today, 72% of those retired person spend their epf retirement fund in 3 years time.. shocking?
retirement? have u ever thought about it even for once? or are u like many other teenagers that we see that just understand how to spend money ( especially if u are given a lot of pocket money )sad to say, but definitely young adults ,undergrads these days often spend more than they can earn and not even once retirement planning is in their mind..
another nice pic i found on the net. we are leaving in a really realistic.. no matter how much effort u've put in for ur company when the time comes, u just got to leave.. unless u are working in the gov sector which will give u some income every month..if not, have u ever wondered where ur income will be?
savings and epf thats wat we will answer..
But than again, ask urself honestly, how often will we put aside a fix amount of our salary or pocket money for retirement? got? no?
haha.. i am proud to say i dont..haha.. like yesterday i found out my commisison out d and i withdraw out almost 500 bucks and spend it in 2 days time..dun ask me wat i spend.. lazy to blog about that.. so yea..me too is one of them hehe
BUT
i've open an ing saving account that will force me to save consistenly! and also free protection, high interest rate and the best part is my saving will be doubled in another 25 years time...
why here not bank? cause here hehe got alot free benefit ma..
one example, if in these 20 years i am declare as TPD total permanent disability, i dun have to continue saving but 25 years later get back wat i suppose to get..
second, if kena 36 critical illness, also dun have to pay.. but still get back wat i suppose to get..
die also get dun die also get hehe...
* but now got one better plan also same duration..this better kena critical illness ( cancer ) pay u one lump sum to cure urself and u can get cash every year till u 60 years old..hehe..blog about it later..
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
is saving good? dare u say no?
5 simple questions which i will always repeat over and over again.
1) will u get old?
2) when u are old will u retire?
3) when u retire will u need cash?
4) where does ur cash comes from? ( savings)
5) so shud u start when u r young or old?
this 5 simple question, ask urself and think about it..
i noe i noe, ppl reading my blog are ussually my peers, and it is hard for ppl like our age to think seriously about such importance of savings but of course if one is a little mature like jl , kh and etc. they will definitely take advantage of this when they are still young and healthy...
2 major saving problems we have;
a) saving consistenly
b) saving long term
and a saving plan with an insurance company will definitely help solve that 2 major prob which me and u both face..ME ME i reli face that prob alot...
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
ok enough of that and time for facts.. google out and u will see how much our bank interest rate has drop in the past years.. and god knows how low it can go now at2%
and fyi in japan, there's even a time when the interest rate is -0.50.. yup put money somemore must give them money.. cause as we all know, in this economy crisis, all gov would enocurage spending to boost the economic.. and also all gov would desperately want their citizen to bring out their money from bank or even under the pillow..
thats why recently gov launch so many bonds, and i am reli surprise. with even a low and no benefit bond, so many ppl would queue up to buy..hmm.....
and last but not least, if u guys have been reading the newspaper ( which i noe most of u dont ) will have noe that our gov have increase the retirement age.. and this simply shows how serious and how many ppl is unaware of their retirement and they cant afford to retire..
remember that how much we earn during our younger days isnt important as how much we have during our golden days..
being old is part of life, but being old and poor is miserable//
always bare in mind that the money we earn is not for us, but is for our current us and future us..
p/s life begin at retirement hehe
why here not bank? cause here hehe got alot free benefit ma..
one example, if in these 20 years i am declare as TPD total permanent disability, i dun have to continue saving but 25 years later get back wat i suppose to get..
second, if kena 36 critical illness, also dun have to pay.. but still get back wat i suppose to get..
die also get dun die also get hehe...
* but now got one better plan also same duration..this better kena critical illness ( cancer ) pay u one lump sum to cure urself and u can get cash every year till u 60 years old..hehe..blog about it later..
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
is saving good? dare u say no?
5 simple questions which i will always repeat over and over again.
1) will u get old?
2) when u are old will u retire?
3) when u retire will u need cash?
4) where does ur cash comes from? ( savings)
5) so shud u start when u r young or old?
this 5 simple question, ask urself and think about it..
i noe i noe, ppl reading my blog are ussually my peers, and it is hard for ppl like our age to think seriously about such importance of savings but of course if one is a little mature like jl , kh and etc. they will definitely take advantage of this when they are still young and healthy...
2 major saving problems we have;
a) saving consistenly
b) saving long term
and a saving plan with an insurance company will definitely help solve that 2 major prob which me and u both face..ME ME i reli face that prob alot...
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
ok enough of that and time for facts.. google out and u will see how much our bank interest rate has drop in the past years.. and god knows how low it can go now at2%
and fyi in japan, there's even a time when the interest rate is -0.50.. yup put money somemore must give them money.. cause as we all know, in this economy crisis, all gov would enocurage spending to boost the economic.. and also all gov would desperately want their citizen to bring out their money from bank or even under the pillow..
thats why recently gov launch so many bonds, and i am reli surprise. with even a low and no benefit bond, so many ppl would queue up to buy..hmm.....
and last but not least, if u guys have been reading the newspaper ( which i noe most of u dont ) will have noe that our gov have increase the retirement age.. and this simply shows how serious and how many ppl is unaware of their retirement and they cant afford to retire..
remember that how much we earn during our younger days isnt important as how much we have during our golden days..
being old is part of life, but being old and poor is miserable//
always bare in mind that the money we earn is not for us, but is for our current us and future us..
p/s life begin at retirement hehe
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