Two young clients met with a life insurance specialist as part of the comprehensive financial planning process in our private client practice. The extract of the email below may be typical for healthy young high-income professionals as they weigh the need for life and medical insurance.
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"Our financial planning journey with Roy began in 2008. With a modest sum of money from the sale of our property, my husband and I wanted to find a suitable financial planner to advise us on how we can grow the sum and achieve the goal we had - which was retirement & our children's tertiary education.
I recall one of the first things Roy told me when I became his client a decade ago was that it was insufficient to tell him you want to retire or make money. That information is useless to him. He can't come up with a solid financial plan for a client without specific details. He needs to understand your goals...
The Singapore Budget 2018 was unveiled this week in Parliament. The rise in GST from 7% to 9% probably got more air time than other matters. It led me to think about how inflation and taxes will impact our clients, who come from higher income households.
It's been 5 years since i left ipac for the practice i now have. My clients have contributed to the building of rewarding relationships as we share our journey. I trust everyone had a proper break in December to see us through another chapter in our respective stories.
What an annoying way to greet the New Year when news about global markets appears to be dominating our thoughts and conversations. It seems that this is the first time in a long time that the major indexes have hit a slump like this in January, which has historically been a good month for stocks. The S&P 500 is down...
Some of you have been my clients since 1997. The majority of you would have engaged me for more than six years (pre-2008 Global Financial Crisis). A handful of clients have only known me post-ipac since 2012. In any case, you would have all gone through several global macroeconomic events that have impacted the markets, the most recent of these...
Written by a professional woman in her late 40s and client since 2005
An article by Walter K Booker, published on LinkedIn on 22 November 2017
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