Dear Mr Tan
I am thinking of retiring at 60 in 2007. I like your advice concerning adequate provision for my family. What do I need to do?
I have a 4 year old son, my wife takes (mid 40s) earns about $x monthly. She may also decide to retire.
I have 2 fixed deposits of $50,000. One insurance policy will mature to realise $350,000. We have other policies and investments of about $1 million).
We do not have any outstanding debt.
I advise you to consider the following plans:
For investing CPF or bank deposits:
For your wife to invest regular savings:
Low cost term insurance (to provide security to your family)
My business center manager will ask my product specialist to contact you.
The specialist is paid a salary and does not earn a commission. Feel free to
talk to the specialist.
Tan Kin Lian
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