2018 CPF Minimum Sum – What It Means For You

By Aidah Posted on 02/02/2018 No Comments

I like to monitor the CPF Minimum Sum amount. This is because to me – it is an indicator of the “true” inflation rate. In January 2018, I checked out the CPF website and saw the new updated CPF Minimum Sum’s updated tables – it has been updated all the …

The Hidden Value of Investment Linked Plans

By Aidah Posted on 24/01/2018 No Comments

In an old post, I shared about how ILPs are the seemingly hated product due to its high fees and a perception that agents push this product merely for the commissions. But the truth – in the hands of experienced agents who are well-versed in investments – ILPs actually provide …

The Critical Age of 55 Years Old In Singapore – What Happens Then?

By Aidah Posted on 19/08/2017 No Comments

In our lifespan, we will pass through a lot of milestones. Some milestones that creates a new chapter in our lives are: getting married buying our first HDB flat becoming a parent watching our kids cross their own significant milestones Here I like to point out a uniquely Singaporean milestone …

The Shutdown of Misa Travel – How You Can Protect Yourself

By Aidah Posted on 02/07/2017 No Comments

When I heard the news on Misa Travel shutting down and leaving travellers stranded – I am reminded of the 2017 adage. “We are at the age of disruption.” Well-established companies who seemed invincible just a few years ago – are not moving fast enough to adapt to the consumers’ …

What Is Your True Value To Your Employers?

By Aidah Posted on 10/06/2017 No Comments

Before I made the jump to insurance, I was a salary earner like most people. Now as I am becoming more “entrepreneurial”, I have to consider the cost of hiring staff. There is this CPF Calculator located here: https://www.talenox.com.sg/cpf-calculator If you were to look back at your salary slip, you will …

Why I Made The Shift From Corporate High Flier To Insurance Agent

By Aidah Posted on 02/05/2017 No Comments

There seems to be a certain disdain for insurance. It seems that some people think – oh! You are just out to get commission from me, selling certain financial products just to get your commissions. Then, there is the other stereotype – this person cannot make it in a real …

What Is Singapore’s TRUE Inflation Rate?

By Aidah Posted on 29/04/2017 2 Comments

I am sure you have a rough idea of what inflation is. Basically it is when you realize that $50 worth of groceries doesn’t get you as much when compared to about 5 years ago. Inflation is REAL. You realize that money in the bank will not be able to …

Why ILPs Are So Misunderstood

By Aidah Posted on 12/03/2017 1 Comment

I did some research for this article by checking out various online forums and gauging the online sentiment on this very highly controversial product – Investment-Linked Plans or ILPs for short. Here are some screenshots: What I am going to write next is probably going to put me within a …

The Differences Between CPF Life & Typical Annuities

By Aidah Posted on 12/02/2017 1 Comment

Figures have indicated that by 2030, nearly one million people here will be above the age of 60. An often overlooked aspect of financial planning is retirement. The truth is with retirement planning what is essentially needed is actually MORE time than money. Retirement planning should be started within the …

Travel Insurance – Why It Is So Important and So Easily Overlooked

By Aidah Posted on 20/01/2017 1 Comment

I travel regularly between KL and Singapore. My family is based there while my business and my clients are based in Singapore. So it is with great sadness when I read the news about the victims of the bus crash that included 3 Singaporeans. Working in Singapore for the past …