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Only 5 in every 100 people will be able to retire when they reach the age of 65 – will you be one of the 5?

Register to attend the Retirement Planning seminar and make sure you are on the right track to being one of the 5.

What if you are not on the right track? What if you are one of the 95? Of the 95 that are not financially able to retire, you will either be:
  1. Still working (and continue to work until you die)
  2. Reliant on family, friends or the government for support
  3. Dead
Assuming you will not fall into category c), and don't want to continue working till you fall into category c), the only option you will have left is to make sure you are one of the 5 able to retire, or rely on family, friends and government. If you have very generous (and wealthy) friends they may tolerate supporting you for a while, but then what? Turn to the government? In some nations, the government provide an aged pension. This means you receive a small payment every fortnight (or month) to help you live. But have you considered what that means? In most cases, you are only eligible if you own practically nothing and have practically nothing in your bank account. Forget owning that extra rental property, or shares or other investments. These people are considered wealthy, and in most cases, these 'assets' will mean you lose access to the aged pension and are back to relying on other means to put food on your table and petrol in your car. And even if you are able to convince the government that you own nothing, they will pay you approximately $12,000 per person, per year!! That's right, per year!

I don't know about you, but $1,000 per month is not really going to give me the idyllic retirement lifestyle that I am dreaming of. In general, researchers have told us that our retirement income needs to be approximately 75% of our current level of income to maintain our current lifestyle.

Let's put this in perspective…. If you are currently earning around $120,000 per year ($10,000 per month) you need at least $90,000 per year in retirement to enjoy the same lifestyle you are enjoying now. That is $7,500 per month, a far cry from the $1,000 offered by the government.

So, to be included in the 5 people we spoke of earlier, the 5 that are financial able to retire at age 65, we really need to be planning now. Working on a solution now, that will help us build towards our idyllic retirement lifestyle.

Our seminar will teach you some of the strategies that you can employ in your planning to take you towards age 65 and becoming one of the 5.

Register your interest now!


Faramond Indonesia is not authorised to give investment advice in Indonesia.
Any such advice is provided by our strategic partners or sister companies in the United Kingdom, Malaysia or Singapore.