All about saving money. When we old, of course nobody will taking care of us except kind hearted children that may be would contribute to us.
That's why we need to do planning for our retirement age. At least we must have at least RM 500K on the age of 55 years old, if not we are just like ordinary old people who unable to enjoy the golden age moment before we leave this world.
The most important now....
For me I have retirement plans are like
Saving from EPF : RM 100,198.00 as of today, I got another 15 years to accumulate the figure with approximate dividend of 4-8 percent annually.
Investment in Unit Trust (ASB) : RM 80,300.00 also as of today, I have another 15 years to accumulate with the dividend and bonus of 7-9 percent annually.
Saving from Life Insurance (Great Eastern) by the age of 65, I will receive a saving of RM 36,500.00 and
Investment in pension scheme with MCIS - Zurich Insurance for the amount of RM 38,375.00. By the age of 55 will be getting pension approximate amount of RM 750.00 monthly and throughout my life.
AND now I need to do some saving for my Tabung Haji account to perform haj. At the moment I only have about very minimum, that is RM 600.00. May be if I get some bonus from company I would increase the figure, InsyaAllah.
My vision and mission that is I hope another 15 years will manage to collect RM 500K for my golden age and I want to travel all over the world if possible.
That's it for the day. Happy reading...
