Wednesday, August 23, 2017

NTUC Income Guaranteed Life annuity

A consumer sent me the benefit illustration and asked if it offers a good return.

The consumer, age 65 male, invests a single premium of $300,000 and receives a guaranteed monthly annuity of $1,181.40 and a non-guaranteed addition that depends on the investment return of the life insurance fund.

The detailed analysis is shown in the PDF


Anonymous said...

better put your money in CPFlife . None of private annuities is better than CPFlife.

Anonymous said...

it is better for him to top up his CPF with the money. No private annuity can beat CPF annuity.

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