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
No one expects to get sick or be forced to retire early as a result but sometimes life throws us …
Can your retirement plan roll with the punches from healthcare costs or will it suffer a knock-out in the first round? Can it survive a stroke or a heart attack? Or will it be wrecked by unexpected conditions that require long-term care such as cancer or Alzheimer’s Disease? Source: IMoney.my, March 15, 2016
They say “Life is a marathon, not a sprint.” That saying actually applies to retirement planning as well.
Retirement is one of the most important financial goals anyone could have. Unfortunately, not many of us are doing much to ensure our golden years will live up to its name. Sure, we have our compulsory Employees Provident Fund (EPF) savings for retirement – but is it really enough?
Managedcare Sdn Bhd (“Managedcare”), a wholly-owned subsidiary of Aged Care Group Sdn Bhd, today inked a Collaboration Agreement for the launch of CareTRUST™ with Rockwills Trustee Berhad (“Rockwills Trustee”) and the Wealth Management arm of Kenanga Investment Bank Berhad (“KenWealth”).
Retirement planning is one of the most important financial goals one will undertake and the stakes couldn’t be higher. Just a couple of missteps can change your joyful golden years to poverty, dependence and penny-pinching years.