Take charge and plan early!
Life is like a box of chocolates. It is full of surprises. There's no telling what tomorrow will bring. Have you given your financial future some thoughts?
- How much will you need to sustain your desired lifestyle when you retire?
- With a large portion of your CPF committed in financing your house, will you be able to afford that house should you lose your job or receive a reduced income?
- Do you have any healthcare plans for yourself and your family?
Whether you are single, married and have a family of your own, or approaching retirement, you should start planning early for your future. Financial planning is very important if you want to achieve your financial goals, enjoy and adequate lifestyle in your golden years and protect yourself and your family against unforeseen circumstances.
Often, we make financial decisions in a haphazard manner. We tend to have no overall direction or lose the determination to enforce our decisions. Also, many of us start to plan for retirement only when we are in our 40's as we are pre-occupied with other issues which are deemed more pressing such as buying a dream house or servicing the car loan. Many of us do not realize that the longer we put off planning, the greater the savings we need to set aside. Time is the greatest asset. The sooner you start, the easier it will be to achieve financial security.
The Enjoy Financial Security Service Package provides you practical tips, resources and links.