Without a plan you may run out of money in retirement

After a long productive working life, everybody hopes to retire comfortably without financial worries. However, many investors overestimate the certainty of the income they will receive from their retirement savings.

The key question is: Will you have a dependable income to maintain your preferred lifestyle?

While we may enjoy a longer life expectancy, we may also have to face the burden of rapidly escalating medical costs. In addition, there is the potential of requiring expensive long-term care at some point during retirement. These risks can substantially reduce your retirement savings.

Today’s investor may also underestimate the impact of market fluctuations. For example, if you retire during a market downturn, your retirement portfolio could suffer a decrease that substantially reduces the income you were expecting to receive.

With Manulife Secure Retirement Plus (SRP), you can give yourself that guarantee of security when you are ready for retirement. SRP is available in both US currency and Singapore currency to suit your preference.