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 Private Retirement Scheme Started?

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lowyat101
post Nov 29 2012, 04:51 PM

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Read in The Star last Sunday that quite a number of funds have been approved. May I know which of them already start 'selling' the scheme? And any recommendation which one shall I go for?

lowyat101
post Dec 4 2012, 09:09 PM

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I'm interested as well. Do we just walk-in the branches and apply for the account on the spot?

lowyat101
post Dec 11 2012, 07:32 PM

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If I'm not wrong, you can withdraw all the money with 8% penalty.

lowyat101
post Dec 12 2012, 09:08 PM

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Came across this: Great Retirement Plan by Great Eastern

http://www.greateasternlife.com/my/en/insu..._retirement.htm

But can't really understand how the Option A and Option B works. Can someone clarify this?

Thanks

lowyat101
post Dec 12 2012, 09:34 PM

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Thanks both ronnie and minshome.

Taking the case of entry age of 35, may I know how to calculate the yearly interest for both Option A and B based on the guranteed return?


lowyat101
post Dec 13 2012, 11:21 AM

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QUOTE(magika @ Dec 13 2012, 10:43 AM)
Made a mistake from 21 year onwards.

At 3.15% payout will be at RM3974 pa for 15 years
At 4.60% payout will be at RM5253 pa for 15 years.. apologies

*edited* another mistake
*
Great discussion here.

But may I know how to ge the 4.6% for FD?

Thanks


 

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