Quote:
Originally Posted by Unregistered
Thanks for the advice. I think we will sell my HDB flat at $950k and then buy a smaller, less prime HDB flat for $300k. We can then buy annuities with the rest of $650k plus CPF and other savings of $300k. With about $900k, the annuity plan can give quite a good monthly payout. Any advice where I can get the best annuity? How do you calculate the monthly payout from the annuity? |
Tokio Marine had a very good annuity product but they stopped selling it just recently due to overwhelming response (and hence highe risk exposure to them).