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Month: June 2020

IMPORTANCE OF TERM INSURANCE IN RETIREMENT PLANNING

IMPORTANCE OF TERM INSURANCE IN RETIREMENT PLANNING

Finance
Gone are those days when pension alone served as the security blanket for the golden years (retirement era) of one’s life. As more and more youths are opting for the dazzling city life and a 9 to 5 job, the past few years have witnessed a rapid escalation in the growth of the private sector. This has resulted in a rise in early retirement plans, and individuals looking for the best viable options are becoming a commonplace thing. However, what’s fascinating to note is the mounting popularity of insurance policies as an additional and often, even the primary source of securing a hefty retirement fund. With a host of specialised retirement insurance plans available online, finding the ideal one that suits your needs has become both easier and more difficult at the same time. One such prod...
4 Reasons Why You Should Put More into Your Retirement Savings

4 Reasons Why You Should Put More into Your Retirement Savings

Finance
From bills to nights out, everyone has a lot of expenses that come out each month. But one thing that many people neglect to put money aside for is their retirement savings. Luckily, it is becoming easier than ever to save for retirement, so here are some reasons you should do so as soon as possible. There are a number of schemes to suit you You aren’t limited to any old savings account. There are many advanced schemes and ways you can save money that’ll boost the amount you put in. For example, SMSF loans can help you invest in property and use the proceeds to put towards your retirement, so do your research and get financial advice if possible. The sooner you start, the easier it is to reach your goal Most people will want to achieve a certain lump sum by the time t...