Do you have enough money to retire?
If you are in a relationship and thinking of retiring, then the decision affects not just yourself, but your partner as well. Since retirement planning is a personal matter, communication with your partner is an important part of the process. You must talk with your partner to understand their thoughts and concerns, especially when it comes to your retirement plan.
When you start thinking about retirement, what sort of lifestyle do you want? Do you look forward to one free of work, without worrying about having enough money to pursue your dreams? Is this really a Mission Impossible? It's not, with proper planning...
Life can be full of surprises but when it comes to retiring it's important for you to be prepared, and to assess and reduce risks. Though we don't know what the future holds, taking out the right insurance can transfer risk and protect your retirement plan.
Do you want to improve management of your MPF accounts, but don't know where to start?
Most people focus on the balance and performance of their MPF, and whether to adjust their MPF portfolio or switch to another scheme. The Employee Choice Arrangement (ECA) allows employees to move the accrued benefits derived from their contributions to another MPF scheme of their choice once a calendar year.