NTUC Income FutureYou Thank You Promotion….

Recently, I met my 54 year old client at her home in Bedok, to help her do her yearly financial review.

I realised her birthday is just in a few more months time.

I looked at her gleefully, smiled and told her enthusiastically, “Wow Kak…. Your birthday is coming. It must be a relief that finally you are going to draw out some money from your CPF soon. :)”

I added, ” You can finally relax a bit and get ready for your retirement! :)”

She sighed and replied with a subdued, sad voice, ” You don’t understand Helmi. My CPF OA and SA combined is less than the $155,000 Minimum Sum Scheme requirement. I haven’t finished paying for my home mortgage loan. CPF only allows me to draw a token sum of $5000 when I turn 55“.

I nodded my head and proceed with the financial review.

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“Financial planning is like a pizza.

pizza

It encompasses on protection, savings, investment and medical insurance. Let us take a look here at what you have” I explained

When I come to her savings and investment portion. She blinked and opened her eyes wide.

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dollar

“Okay Kak.  In a few more months time, you have a maturity of $48,000 cash.

Age 56, another maturity of about  $35,000 from this endowment plan.

Age 58, maturity of $38,000. Age 60, maturity of $35,000.

Oh yes, currently you have an investment plan, and you are making money. Your capital gain from this investment plan as of now is $8,000. Overall, the total amount of money that you can expect within the next 5 years is about $210,000“.

She looked at me bewildered and shook her head in disbelief, ” $210,000? $210,000? You mean, I am going to get total $210,000 in CASH?????”

“Yes!” I smiled and replied affirmatively!

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The reason, why I am sharing with you this story is because, I want to tell you that, it is not how much you earn or how much you make that matters. It is how much you save that is what matters. For my client, she has started saving since young. Small amount like $50/mth.

The Malay proverb says, “Sedikit sedikit, lama lama jadi bukit”.

bukit

“Bit by bit, over time, it will accumulate into a hill.”

From the small $50/mth, her funds accumulate, increase and grow over they years. She was too busy with her daily commitments, that she totally forgot about her savings.

Isn’t that a beautiful thing to have? 🙂

I always share with my client, what you are in the future, is what you do today. Your younger you, help your older you, and when the time comes,  your older you will thank your younger you.

My client can choose not to save. Instead of spending extravagantly when she was young, she chose to save and forget, and today, she reapts the benefit. I am proud of her. 🙂
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NTUC Income has just launched a special pro­mo­tion, called the “Future You Thank You Promotion”.

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If you have been considering to save money for your retirement, your child’s education, or perhaps get yourself covered with a protection plan, do sign up with us during the promotional period and you will receive up to $500^ Cap­it­aMall shop­ping vouch­ers.

Do call me, Helmi Hakim at 96520134 to learn more about the promotion or key in your details below and we shall meet up for an appointment. Insya’Allah. :)

 

p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…

 

 

 

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This post was written by:

- who has written 440 posts on The Official Helmi Hakim Website.

A certified financial consultant, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients' financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.

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One Response to “NTUC Income FutureYou Thank You Promotion….”

  1. Helmi Hakim Says:

    ^^IMPORTANT NOTE^^

    Alhamdulillah. I have been meeting a number of you from this blog, these 2 weeks.

    I understand that the promotion ends on 1st December 2014. Nevertheless, I had to state here, the last appointment, that I can accept is on 15th November 2014, because I will be away for army reservist training by then.

    Do call/sms/whatsapp me at 96520134 to book an appointment before it is too late! 🙂


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