Personal Finance
What is the Projected Internal Rate of Return of AIA SmartRewards Saver Insurance Endowment?
By Investment Moats  •  April 23, 2018
I was at a stage where I was unsure if insurance endowment plans are really that bad for wealth building. So I crowd-sourced from friends, family members, relatives their past matured policies. And I put them in one nice article. The summary is shown above. While the duration is different, the pitch by agents are different, the amount of premiums are different, if we compute the internal rate of return (XIRR) of the stream of cash inflows and cash outflows we can compare against each other. So a reader was thinking of purchasing this AIA SmartRewards Saver. I told him I cannot added it to this list as it hasn’t matured yet. This list only shows the real results not the projected ones. However, I can value add to him to calculate the projected rate of returns based on what the insurance company pitched.

What AIA SmartRewards Saver is About

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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