Welcome To A World of Financial Independence
Savings for Retirement
Why the need to start savings today? The road to retirement is a journey, planning early is essential as a saying goes like this:
"Nobody Plan To Fail, but Many Fail To Plan"
The real financial problem in today's society is that majority of people take for granted concerning their retirement. There are however 4 threats associated towards an individual's financial success.
- Death (Pre-mature death) - Loss of income producer, eventually leads towards a family financial catastrophy. ( especially when the children is young and the wife is a home maker)
- Disability ( Illnesses or Accidents ) -Inability to produce income but an increase of expenses such as medical treatment , nursing care, food and etc.
- Diseases ( Terminal & Critical Illnesses)-Long term treatment is costly, and this is added with the price of medication in which increases in a very fast pace.
- Old Age -Living cost increases due to inflation ( increase of cost in food, utilities, transport and also etc)
- Old age alone is not the problem, but living too long associated with financial woes is the problem. Most of us are too dependent on EPF ( Employees Provident Fund) but however, this is not sufficient to support us as along the way inflation crops up together with it. A survey was conducted and discovered that most retirees had their EPF funds exhausted in the first 3 (three) years after their retirement. The banks interest is not much of help. It is in the rock bottom now. Therefore it had dimishes the purchasing power of an individual to enjoy a comfortable lifestyle.
EPF alone had its weaknesses, as the Goverment had allow members to withdraw the monies for house purchases and etc. along the way prior before retirement , therefore it had decreases the value of amount saved. Balances would be much less and would unable to sustain a happy retirement.
Our Malaysian interest rates had not been very helpful, as we had observed that the rates are on a down trend track in the past 4 decades.
FALLING INTEREST RATES IN MALAYSIA
1997 - 9.33%
1998 - 5.74%
1999 - 3.95%
2000 - 4.24%
2001 - 4.00%
2002 - 4.00 %
2003 - 3.70%
2004 - 3.70%
2005 - 3.70%
2006 - 3.73%
2007 - 3.71 %
2008 - 3.55 %
2009(JAN) - 3.00%
2009(APR) - 2.50%
How Do We Combat The Problem ?
- Increase your savings! - but how when time is againt me!
- What happens if disability occur before I accumulate the funds?
- What if , I had been diagnose of serious illnesses that prevents me from working to accumulate the retirement funds?
Yes, we can solve the above problem !
Our agency has the right financial instrument to accomodate the problem. (Call us for details)
We will remain attentive and reliable.
Our Financial Product are Friendly, Reliable and Dependable, which caters for categories such as ;-
- Newborn Infants
- Children & Teenager
- Young adults
- Students in Higher Learning Institution
- Married couples
- Working class people /Professional
- Businessman
- Entreprenuers
- Middle age group /Senior group
- Ladies
Who are we?
We are AXA Life Insurance, the largest and leading financial institution in the world ;
http;//money.cnn.com/magazines/fortune/global500/2005
We are known as AXA AFFIN LIFE INSURANCE BERHAD ( in short AXA AFFIN)
a member of AXA Group Global Network
-Global Leader in Financial Protection -Trusted by 95 million clients worldwide.
-Global Financial Strenght - Euro 91 billion in revenues and Euro 4 billion in underlying earnings.
-Global Network - Present in 61 countries and 214,000 people worldwide.
-Global Expertise -Euro 1 trillion in assets under management.
Come and talk to us ;-
Call +6016-4833 007 or e-mail lgseng2@yahoo.com for free consultation .
