Personal Finance
Manulife Goal 7: 3-Year Endowment Plan with 1.39% p.a. Guaranteed Returns
By Seedly  •  January 8, 2021
We’ve reached the point in life where any further drops in the interest rates for savings accounts are no longer surprising to us. Our wildly popular Singapore Savings Bonds (SSB) have been taking the hit as well. Which is why most of us have been looking for alternatives to park our savings at. If cash management accounts are not your thing, short-term endowment plans can be considered if you’re looking for somewhere to place your money for a short period of time. Disclaimer: This is not a sponsored post, and this does not constitute financial advice. We just hope to share information to help you make smarter personal finance decisions.

TL;DR: Is the Manulife Goal 7 Endowment Plan Worth It?

The Manulife Goal 7 is a three-year single premium endowment plan which provides a guaranteed fixed yearly income of 1.39% for the first two policy years. Here’s a quick breakdown of Manulife Goal 7:...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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