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5. RETIREMENT INSURANCE
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Start preparing for your retirement today with an insurance product designed to offer generous maturity payments, annual cash payments from retirement age and life protection through until 80 years of age. |
How much wealth do I need to accumulate before I decide to retire?
Say, if you retire at the age of 60 and will live until the age of 80. That will be a good 20 years.
If your annual income is:
500,000 Baht x 20 years = 10,000,000 Baht
Wow... 10 million!!!
But think again... 10,000,000 Baht in today's value will be 2~3 time more than when we retired.
(Base on Rule 72, if inflation is at 7.2%, ie. 72 div 7.2 = 10 yrs to 1/2 the value of money now. If you are 30 year of age, ie. after inflation you will have 1/4 of the value of the money today.)
In another words, you will need to save 40,000,000 Baht. We have several retirement plans to help you achieve this goal.
Please Contact Us today
to learn more about Retirement Insurance coverage in Thailand. |
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