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| Growth rate | ||
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| Cash and deposits | % | |
| Regular savings | % | |
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| Lump sum investment | % | |
| Regular investment | % | |
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| Regular endowment |
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Endowments can help you build the stable foundation, and a unit trust portfolio adds flexibility and possibility to boost the return.
By combining these two products types, you can lower the risk while capitalising on market developments.
Any opinions or views of third parties expressed in this material are those of the third parties identified, and not those of OCBC Bank. The information provided herein is intended for general circulation and/or discussion purposes only. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. Before you make any investment decision, please seek advice from your OCBC Relationship Manager regarding the suitability of any investment product taking into account your specific investment objectives, financial situation or particular needs. In the event that you choose not to seek advice from your OCBC Relationship Manager, you should carefully consider whether the product is suitable for you. This does not constitute an offer or solicitation to buy or sell or subscribe for any security or financial instrument or to enter into any transaction or to participate in any particular trading or investment strategy.
A copy of the prospectus of each fund is available and may be obtained from the relevant fund manager or any of its approved distributors. Potential investors should read the prospectus for details on the relevant fund before deciding whether to subscribe for, or purchase units in the fund. The value of the units in the funds and the income accruing to the units, if any, may fall or rise. Please refer to the prospectus of the relevant fund for the name of the fund manager and the investment objectives of the fund.
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No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. The information provided herein may contain projections or other forward-looking statements regarding future events or future performance of countries, assets, markets or companies. Actual events or results may differ materially. Past performance figures are not necessarily indicative of future or likely performance. Any reference to any specific company, financial product or asset class in whatever way is used for illustrative purposes only and does not constitute a recommendation on the same.
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Insurance product is provided by The Great Eastern Life Assurance Company Limited, a wholly-owned subsidiary of Great Eastern Holdings Limited and a member of the OCBC Group. Insurance product is not a bank deposit and OCBC Bank does not guarantee or have any obligations in connection with it. You may want to seek advice from a financial adviser before committing to buy the product. If you choose to not seek advice from a financial adviser, you should consider if the product is suitable for you. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable, if any, may be less than the total premiums paid. This document is for general information only. It is not a contract of insurance or an offer to buy an insurance product or service. It is also not meant to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. If you are interested in the insurance policy, you should read the product summary and policy illustration (available from us) before deciding whether to buy this product. We do not guarantee, represent or warrant that any of the information provided in this document is accurate and you should not rely on it as such. We do not undertake to update the information or to correct any inaccuracies. All information may change without notice. We will not be liable for any loss or damage arising directly or indirectly in connection with or as a result of you acting on the information in this document. This document may be translated into the Chinese language. If there is any difference between the English and Chinese versions, the English version will prevail.
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The information is intended for general circulation only. It does not consider the specific investment objectives, financial situation or needs of anyone. Before you make an investment, you should speak to a financial adviser who will assess whether the products are suitable to you based on your investment objectives, financial situation or needs. If you choose not to do so, you should consider if the investment product is suitable for you.
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| Name | Market value |
|---|
| Category | Amount |
|---|---|
| Food | SGD / mth |
| Utilities | SGD / mth |
| Travel |
SGD
|
| Others | SGD / mth |
| Total expenses | SGD / mth |
| Category | Amount |
|---|---|
| Rental income | SGD / mth |
| Allowance | SGD / mth |
| Payout from existing | SGD / mth |
| Others | SGD / mth |
| Total income | SGD / mth |
| Growth rate | ||
|---|---|---|
| Cash and deposits | % | SGD |
| Regular savings | % | SGD |
| SRS account | SGD | |
| Lump sum investment | % | SGD |
| Regular investment | % | SGD |
| Lump sum endowment |
SGD
years since start
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| Regular endowment |
SGD
years paid
years to go
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| Name | Market value (SGD) | Growth rate |
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| Name | Investment amount (SGD) | Growth rate |
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| Name | Premium amount | Years paid |
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| Name | Premium amount | Years paid | Years to go |
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This is the estimated amount required at retirement age to achieve your goal. It is calculated based on inflation adjusted expected expenses, net of expected income and net proceeds from sale of property.
Inflation rate is based on a 10-year geometric average of the Singapore CPI.
Source: Statistics Singapore - Time Series on CPI (2015=100) & Inflation Rate (Year 1980 to 2016)
This is the sum of your lump sum cash, lump sums investments and lump sets endowments set aside for the goal.
This is the sum of the projected values of current value of savings / investments and regular savings / investments set aside for the goal using the respective growth rates.
All investments (E.g. Endowments, Unit Trusts) are liquidated at start of retirement.
Regular endowments upon maturity are invested in lump sum endowments with similar rate of return. For Unit Trust, the dividends are assumed to be re-invested.
The OCBC Retirement Planner is designed to assist in financial planning and is for general reference only. Amount shown includes projected rates of return for variables such as inflation, investment growth and cash. Actual numbers may vary depending on economic conditions. The information and analysis provided by these tools are based on various assumptions, which are subject to change at any time without notice.
This is the estimated amount required at start of university age. It is calculated based on inflation adjusted tuition costs and living costs.
The age of university studies is assumed at 19 years old for girls and boys. Except for Singaporean and Permanent Resident boys, the age of university studies is assumed at 21 years old due to 2 years of National Service commitment.
The OCBC Education Planner is designed to illustrate potential future education costs based on information provided by you and does not consider your specific investment objectives, financial situation and particular needs. The illustration shall not be regarded as recommendation or advice by the Bank. The amount calculated is meant to illustrate combined tuition and living expenses based on the assumptions below. Actual cost may vary depending on economic conditions. The information and analysis provided by these tools are based on various assumptions, which are subject to change at any time without notice.
First-year average tuition cost is based on the average of latest first-year General and Medicine degree costs released by three sampled universities for each country:
For USA, Canada, UK, Australia and New Zealand, the amount is based on the figures available from Edupoll's study abroad website (www.edupoll.org).
For Singapore, this is based on the average of figures from three websites: NUS Office of Admissions (www.nus.edu.sg), NTU Undergraduate International Admissions website (admissions.ntu.edu.sg) and SMU International Students Useful Information (www.smu.edu.sg).
Inflation rate for tuition and living costs is based on 10-year geometric averages published by the statistics bureau for each country:
This is the sum of your lump sum cash, lump sums investments and lump sets endowments set aside for the goal.
This is the sum of the projected values of current value of savings / investments and regular savings / investments set aside for the goal using the respective growth rates.
All investments (E.g. Endowments, Unit Trusts) are liquated at start of retirement.
Regular endowments upon maturity are invested in lump sum endowments with similar rate of return. For Unit Trust, the dividends are assumed to be re-invested.
The OCBC Education Planner is designed to illustrate potential future education costs based on information provided by you and does not consider your specific investment objectives, financial situation and particular needs. The illustration shall not be regarded as recommendation or advice by the Bank. The amount calculated is meant to illustrate combined tuition and living expenses based on the assumptions below. Actual cost may vary depending on economic conditions. The information and analysis provided by these tools are based on various assumptions, which are subject to change at any time without notice.
