A retirement cashflow analysis is the first step towards understanding how well prepared you are for retirement. The analysis of how much income you will receive and the expenses you have in retirement help you in making the following common retirement planning decisions:
- Which CPF-Life plan should you choose?
- Which insurance policies should you keep?
- Should you add more annuity to your portfolio?
- What type of annuity should you consider?
- Are you in a position to do legacy planning?