How can MoneyOwl help me in my retirement planning?
#1 Understand your financial health better
Source: MoneyOwl’s Comprehensive Financial Planning report
Through the Comprehensive Financial Planning, you’ll get an in-depth analysis and honest assessment of your current financial situation. Be it inadequate savings, a lack of insurance coverage, or an insufficiently diversified investment portfolio, you will be able to address these gaps through the Comprehensive Financial Planning report.
What’s worth noting about the Comprehensive Financial Planning is that if you decide to have a consultation with their client advisors, they will offer you a highly personalised course of action after providing a holistic assessment of your financial situation. MoneyOwl client advisors are fully salaried to provide unconflicted advice to you. They will not pressure you to buy products that you do not need.
This plan will help you improve your cash flow, protect your assets, accumulate your wealth and eventually help you build your legacy.
The cherry on top? The Comprehensive Financial Planning report comes with no strings attached, which means that you can download your free, editable report and choose not to have a consultation with their client advisors.
Having a financial review with a financial advisor might come with a sales pitch, and saying no could be difficult. However, MoneyOwl's advisors are fully salaried, so you can rest assured that you won't be pressured into buying products that don’t suit you.
#2 Complement your analysis with CPF projections
The Comprehensive Financial Planning algorithm doesn’t just take your savings and insurance policies into account. Since you can log in with your Singpass/MyInfo, they’ll also include your CPF savings in the analysis.
They also have the Proprietary CPF Analyser, a nifty tool for projecting the trajectory of your CPF monies until retirement, giving you an estimate of your projected retirement income, which includes your CPF LIFE payouts.
#3 They offer affordable solutions
Every dollar that is not spent on products is a dollar more that can be saved. This is why they emphasise affordable and low-cost term insurance plans as well as investment solutions for their clients.
But of course, what is low-cost to you might not be low-cost for others so you’ll still have the flexibility and autonomy to choose if these products are right for you.
You know your finances are in good hands given that MoneyOwl has been recently awarded the “Centre of Excellence for Certified Financial Planner® Certification – Star Award 2022" by the Financial Planning Association of Singapore (FPAS).
This award highlights MoneyOwl’s display of commitment to competent and ethical financial practice, who is always striving to put their clients’ interests first.
On top of that, MoneyOwl’s client advisors do not earn commissions. You can expect unbiased advice tailored to your financial needs and advisors who put your goals first before any product sales.
So you can rest assured that they have your best interests at heart, and are not pushing out products simply based on commercial benefit, as shown from their recent “Centre of Excellence for Certified Financial Planner® Certification – Star Award 2022" by the Financial Planning Association of Singapore (FPAS).
The 1st 100 qualifying signups for the Comprehensive Financial Report will receive a S$10 Grab voucher. Valid till 31 Jan 2023.
How do I sign up?
Here is how you can access the free Comprehensive Financial Planning report. Do take note that retrieving MyInfo with SingPass is optional, but it’s a hassle-free way to access your information like your CPF savings, and it only takes 10 minutes to complete!
- Create a MoneyOwl account if you don’t have one
- Head over to the MoneyOwl’s Comprehensive Financial Planning page
- Click “Retrieve MyInfo with Singpass” (optional)
- Click “Checkout”
- Apply promo code “SAV422” during checkout
- Download the Comprehensive Financial Planning report
- With MoneyOwl’s Comprehensive Financial Planning service, the consultation is non-obligatory and chargeable at S$49.
T&Cs apply. This article is written in partnership with MoneyOwl.