Tag Archives: Prudential investment scheme

All about PRUcash double reward. Prudential Life Insurance

prucash double reward prudential insurance malaysia - All about PRUcash double reward. Prudential Life Insurance

SHORTER PREMIUM PAYMENT terms with LONGER CASH PAYOUT terms

PRUcash double reward offers you various plans tailored to your individual lifestyle and needs. You can choose to pay premium for 5, 10, 15 or 20 years, while enjoying benefits up to 40 years.

prucash double reward table prudential insurance malaysia - All about PRUcash double reward. Prudential Life Insurance

A simple illustration of how PRUcash double reward works

prucash double reward prudential insurance projection malaysia - All about PRUcash double reward. Prudential Life Insurance

The diagram above summarises the basic structure of the PRUcash double reward for a male non-smoker, aged 35, with an annual premium of RM20,180, sum assured of RM100,000, for a 20-year policy term plan and a premium payment term of 10 years. Not only will the Annual Guaranteed Payout DOUBLE from policy year 6 onwards ,your Sum Assured.

All about PRUcash double reward

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Do you have retirement income? Still early?

prudential retirement plan - Do you have retirement income? Still early?

My mother in law going to retired 5 years later and ask me of any Prudential investment scheme for retirement income.  She going to give me RM50K for investment now and going to use it 5 years later.

She request for RM1500 income per month. With RM1500 per month , the RM50K fund will be finished in 3 years. But with PRUretirement growth, RM1500 per month for 5 years.  2 years extra from it should be. Pretty good plan right?

Then, how about me? I should do savings now for my retirement. The I choose PRUretirement accumulator. Monthly savings will secure my retirement income.

How much you should save?

Start savings early will benefits you in longer run.

Monthly investment needed to build an RM500,000 nest egg by age 65

graph - Do you have retirement income? Still early?

Assuming 8% annual rate of return, with all distributions reinvested.

As you can see, your ability to reach your retirement goal will be affected the longer you delay investing.

Time works for you, because one of the biggest factors affecting the growth of your retirement nest egg is compounding. The longer the period, the greater the benefits of compounding tend to be.