Aviva recently launched a new retirement savings plan MyRetirement to help Singaporeans plan for their retirement. Basically, you choose your retirement age and whether you want to receive your income in a lump sum or spread over 10 years in monthly payouts. With that, the adviser will be able to calculate your premiums which you will need to pay based on the number of years which you would like to spread your premium over. The reason Aviva came up with this plan is because most Singaporeans find financial planning for retirement to be complicated. The question is, is it that complicated? Some Details About The Retirement Savings Plan Based on the Brochure Choice of Retirement Age – 50, 55, 60, 65 Monthly Guaranteed Retirement Income for 10 Years Starting 1 month from Retirement Capital Guaranteed If Held Until Retirement Guaranteed Returns of Up To 2.38% Per Annum Choice of ......