Planning for your retirement

The financial planner will analyze the client’s current retirement savings and calculate the shortfall, if any, to meet desired post-retirement income. They will suggest additional investment options, such as PRS, unit trust or dividend-yielding instruments, tailored to the client’s risk tolerance. The planner will also factor in inflation and healthcare costs to ensure a realistic retirement plan. Regular updates will be provided to track progress.

You didn’t come this far to stop

A 50-year-old schoolteacher in Selangor earning RM6,500 per month has accumulated RM300,000 in EPF savings but realizes this may not last 20 years post-retirement. With increasing living costs, they aim to save an additional RM500,000 by age 60 to maintain a comfortable lifestyle.

• Have you identified gaps in your retirement savings plan?

• Are your contributions aligned with your target retirement corpus?

• Do you regularly evaluate whether your investments are meeting your future needs?

A 50-year-old schoolteacher in Selangor earning RM6,500 per month has accumulated RM300,000 in EPF savings but realizes this may not last 20 years post-retirement. With increasing living costs, they aim to save an additional RM500,000 by age 60 to maintain a comfortable lifestyle.

• Have you identified gaps in your retirement savings plan?

• Are your contributions aligned with your target retirement corpus?

• Do you regularly evaluate whether your investments are meeting your future needs?

How a Financial Planner Can Help

The financial planner will analyze the client’s current retirement savings and calculate the shortfall, if any, to meet desired post-retirement income. They will suggest additional investment options, such as PRS, sukuk, or dividend-yielding instruments, tailored to the client’s risk tolerance. The planner will also factor in inflation and healthcare costs to ensure a realistic retirement plan. Regular updates will be provided to track progress.

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