Personal Finance
Manulife RetireReady Plus III Review
By Singapore Financial Planners  •  June 4, 2021
The Manulife RetireReady Plus (III) is a regular-premium participating endowment plan that provides retirement income benefits. Although classified as a savings plan, this plan is designed to help you plan for your retirement – similar to what an annuity plan is. Criteria Minimum premium of S$694.24 yearly. No medical underwriting needed. Features Policy Terms As RetireReady Plus III is a plan that helps you prepare for retirement, naturally you are able to select the retirement age, the guaranteed monthly income amount (GMI), and the income payout period which you desire. The table below shows the retirement age and income payout period available for selection. Retirement Age 50 55 60 65 70 Income Payout Period 5 years 10 years 15 years 20 years Lifetime You are also able to select from 4 different premium payment terms of 5, 10, 15, or...
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By Singapore Financial Planners
We believe in the power of financial literacy. It’s unfortunate that schools do not provide crucial life lessons like financial planning. Thus, we created Singapore Financial Planners to create a space where we provide financial education so that you can make an informed decision.
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