Retirement Plans
"Many people fear retirement due to concerns about financial stability, as they worry if their savings will last through their retirement years."
We are here with Retirement Plans can be a powerful solution to alleviate financial fear during your retirement years. By investing in a well-structured retirement plan, you can ensure a steady income stream, allowing you to enjoy your golden years with confidence. These plans not only provide financial security but also offer peace of mind, knowing that you have prepared for the future. Embrace the benefits of retirement planning and take control of your financial destiny today.
What are Retirement Plans?
Retirement plans are financial strategies designed to help individuals save and invest money for their future retirement. These plans provide a structured way to accumulate funds that can support a comfortable lifestyle after one stops working. Common types of retirement plans include 401(k) plans, CPF, and pensions, each offering different tax advantages and investment options. By participating in a retirement plan, individuals can ensure they the financial resources needed to enjoy their later years.
How it works?
​Retirement Plans typically require payments over a selected period (such as a Single Premium/Lumpsum, or over 5 to 20 years) and will begin providing guaranteed income payouts as well as potential bonuses at your chosen retirement age for a specified duration or for a lifetime. As it referred to as Annuity Plans, Retirement plans also crafted to complement CPF Life by offering you a steady monthly income throughout your retirement years.
Many Retirement Plans also can include Disability Coverage and a Death Benefit, Disability Coverage during the income payout years, offering extra protection against unexpected disabilities that often occur in old age. Riders can also be added to the Retirement Plan for additional coverage like Premium Waiver in the event of Critical Illness, while Death Benefit ensuring that any remaining unpaid monthly income will be provided to your beneficiary. This guarantees a legacy for your loved ones in the event of your passing during retirement.
​
Partner's Products
Premium Term: Single Premium, 5, 10, 15, 20 or 25 Years
​​
Funds: Cash or SRS
​​
Income Payout Years: 5 to 35 Years
​​
Disablity Benefit: 2X Guaranteed Monthly Income (GMI)
​​
Unique Feature: Competitive Premiums, High Guaranteed Income
Premium Term: Single Premium, 5, 10, 15, 20, 25, 30 or 35 Years
​​
Funds: Cash
​​
Income Payout Years: 10, 20 Years or Lifetime
​​
Disablity Benefit: Waiver of Premiums or 50% Guaranteed Monthly Income (GMI)
​​
Unique Feature: Retrenchment Benefit
Premium Term: 5, 10, 15 or 20 Years
​​
Funds: Cash
​
Income Payout Years: 10, 20 or 30 Years
​​
Disablity Benefit: N/A.
​​
Unique Feature: Major Cancer Benefit (12x GMI Payable), Retrenchment Benefit
Premium Term: Single Premium, 5, 10 or 15 Years
​​
Funds: Cash
​​
Income Payout Years: 10, 20 or 30 Years
​​
Disability Benefit: 24 months
Guaranteed Monthly Income (GMI)
​
Unique Feature: Competitive Premiums, High Non-Guaranteed Income
Premium Term: Single Premium, 5, 10, 15, 20 or 25 Years
​​
Funds: Cash or SRS
​​
Income Payout Years: 5, 10, 15, 20 Years or Lifetime
​​
Disability Benefit: Up to 2X Guaranteed Monthly Income (GMI)
​​
Unique Feature: Pays additional 50% GMI upon failure to perform 2 out of 6 ADLs, Retrenchment Benefit
Premium Term: 2, 5 or 10 Years
​
Funds: Cash
​
Income Payout Years: 10 or 20 Years
​
Disability Benefit: N/A.
​
Unique Feature: Choice of Escalated Payout to Fight Inflation
A Lifetime Income plan provides a guaranteed income stream for life, ensuring you have a predictable and stable source of income in retirement.
Key Benefits:
1. Guaranteed Income: Ensures a predictable income stream for life, reducing uncertainty.
2. Retirement Security: Provides financial security and peace of mind in retirement.
3. Inflation Protection: Helps maintain your standard of living, even in inflationary environments.
Why Consider a Lifetime Income Plan?
1. Retirement Security: Ensures a predictable income stream, reducing uncertainty.
2. Sustainable Income: Provides a sustainable income stream, helping maintain your standard of living.
3. Peace of Mind: Offers reassurance, knowing you have a guaranteed income stream for life.
Partner's Products
Payment Term Options
Single, 3/5 years
Minimum Investment for Lump Sum
100,000
Other Plan Names
IncomeGen II Lifetime Rewards II
Earliest Principal Guaranteed From
No Principal Guaranteed (80% throughout)
Payment Term Options
Single Premium, 3/5/10 years
Minimum Investment for Lump Sum
50,000
Other Plan Names
N/A
Earliest Principal Guaranteed From
37th Month
Payment Term Options
Single, 5 & 10 years
Minimum Investment for Lump Sum
72830.75 (50,000 Sum Assured)
Other Plan Names
Life Income Plan Life Income Plan Supreme Eternal Wealth
Earliest Principal Guaranteed From
61st Month (Life Income Plan)
Income Luxe Plus S
Payment Term Options
Single Premium, 3/5/10/15/20/25 years
Minimum Investment for Lump Sum
41,000 (25,000 Sum Assured)
Other Plan Names
Legacy Income, Flexi Life Income II
Earliest Principal Guaranteed From
31st Month
- Disclaimer -​
​
ProsperaLifestyle.com is an independent information provider. It is not a bank or financial services provider and cannot give direct financial advice.
​
All Sample Premium results if shown are based on the criteria indicated and ProsperaLifestyle.com does not warrant or guarantee that anything written here is accurate, timely, or relevant to the solution of any problem you may have.
​
Contents are intended as general information only and do not consider financial situation or need of any user or reader, any specific person or group of persons. It does not constitute advice nor does any part of the content constitute an open offer capable of forming the basis of a contract.
​
ProsperaLifestyle.com works with Synergy Financial Advisers to present these contents. Synergy Financial Advisers makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose. All information provided is not intended to be and does not constitute financial advice, insurance advice or any other advice or recommendation of any sort offered or endorsed by Synergy Financial Advisers.
​
Promotions indicated on this page may not be accurate and may be subjected to changes by providers without warning. ProsperaLifestyle.com does not take responsibility for the accuracy of the information shown in this content.
You are recommended to seek financial advice from a qualified financial advisor for product suitability and its latest premium rates quotation before deciding to purchase the product. In the event you choose not to seek advice, you should consider if the product is suitable for you.
Without prejudice to the generality of this, Synthesis Ventures Pte Ltd specifically excludes liability for any loss or damage no matter how arising from the use of this Web Portal or of any information or services provided through this web portal.