Estate planning is not just for the wealthy. It is for anyone who has any level of wealth and wishes to bequeath convenience, comfort and privacy to their loved ones instead of putting them through an agonising ordeal which might become very nasty and very public.
As medical technology and pharmaceutical solutions advance, people are living longer than ever. In Malaysia, the average life expectancy of …
To ensure you cover all bases in your old age, additional savings must be made to cover outpatient treatments that your medical insurance does not cover. Source: Smart Investor, May 2016, Issue 313
Growing up in Malaysia, you might have heard those phrases – or some variations of them – from your parents or an older relative, especially when it comes to topics like illness or death. The rationale is “out of sight, out of mind”, if you don’t talk about it, it won’t happen. But the same kind of mentality will not fly with money management.
It is time to take charge of your personal finances and retirement fund. To have a comfortable and enjoyable retirement, you need to start planning now. This is because there are many things in life that are beyond control and you would not want to be caught unprepared when things go wrong.
New technologies have created new possibilities to reduce isolation and enhance quality of life.
If your money and assets – or your parent’s – is used without permission or in a fraudulent manner in any way, shape or form, it’s financial abuse.
I was quite confident in my financial security and strategy. That is until Mum and Dad’s health needed more attention. Source: Smart Investor, March 2016, Issue 311