I've been a fan of using the SAIL single premium plan from NTUC INCOME for retirement and medium term savings objectives. Recently, a private client's policy matured at the 10year mark and the returns delivered by NTUC is pretty good! Details below. SAIL single premium plan has been rebranded to GRO RETIRE WISE which is this article's focus. What is GRO RETIRE WISE Gro Retire Wise is a SINGLE-premium endowment plan You can choose your desired retirement age from age 55, 60, 62 or 65 (last birthday) or to retire in 10, 15, 20, 25 or 30 years from the start of your policy by selecting the right accumulation period. For your retirement income as regular payouts, you can choose to receive over 20 years OR in one lump sum at your chosen retirement age. Min premium is $10,000 lump sum. Previously SAIL Single Premium plan was at min $5,000. Example of how it works below....