Life Expectancy Rate in Malaysia

Folks, we are all living longer. Remember the principle - "as long as we are breathing, we will incur expenses". So be prepared. You may just outlive your money

Malaysian Life Expectancy Statistics

Budgeting

I am sure we have all heard of the word budgeting before. Have you tried budgeting? Do you do budgeting?

The BIGGEST difficulty in Budgeting is "Getting Started". It sounds simple but is actually very difficult because it requires a change in our attitude as well as discipline.


Nonetheless, it is an essential part of Financial Planning if you wish to manage your finances/cashflow well.

For your benefit, refer to this site for some ideas:


http://www.understandingmoney.gov.au/Content/Consumer/FinancialLiteracy/Budgeting/
 
 

Business Value Protection

We are embarking on a topic of Business Value Protection in our "Business Succession Planning" facebook Page.


We will not share with you 11 ways not to shoot yourself and business in the foot but the BEST way - Secure the Value & Interest of your Business.

Come join us @ Business Succession Planning
 

Top 5 Unexpected Costs of Retirement

Some people see retirement as a chance to sit back and relax, while others take advantage of their newfound time by traveling the globe. Either way you spin it, retirement costs money. As long as you are breathing, you will incur... costs -- and some of your bills will be unexpected.
Here are the top five expenses that aren't always factored into a retirement budget or investment plan. The good news? Almost all are related to a positive trend: people are living longer, healthier lives.

1. Living Longer

   (Happy 100th Birthday!)

2. Adult Children With Money Problems

   (Your empty nest may not stay that way)

3. Higher Taxes, Higher Inflation

   (Pay it out to LHDN. Taxes are one of the two things you cannot escape in life)

4. Health Costs and Dental Care

   (Expect to pay for a happy, healthy you)

5. Repairs for Your Older Home

    (It’s Tool Time!)See more

Create your Personal "EPF"

Not sure how much money to put aside for your retirement? Start a personal retirement fund. Social Security (EPF) was originally designed to get you through your retirement years but it’s unclear whether it will be sufficient due to the many “leaks”. While you can't stop paying EPF from you...r paycheck, you can create your own additional fund for yourself using the same percentages.

Creating your personal retirement fund is just one way to provide income in retirement. Consider all your options. Consider working towards being debt-free as part of your retirement planning, as well. Don't forget to discuss retirement planning with your spouse. A worry-free retirement is the result of solid planning and reviewing all options.
 

Mortgage Interests

Are you living in your dream home now? or are you planning to buy your dream home?


Are you aware of the impact of BLR (base lending rate)? Is it increasing again soon?

Avoid this nightmare! Manage your mortgage.

For assistance, contact NICKG at gloriouscash@live.com

Dying Testate

With the help of "Your-Will-Be-Done", here is what is going to happen to your assets...


1) Quick & Secure

2) Distributed according to your instructions

3) Value of your assets secured!

4) Peace of mind for your loved ones