Everyone dreams of living a great life with their loved ones. The definition of greatness may vary for each individual. However, generally, it means being healthy, free from debt, having successful children pursuing their education at their chosen universities and being able to enjoy retirement comfortably with your partner without worrying about your expenses or cost of living.
What is a takaful saving and retirement plan
A savings and retirement plan is a financial preparation designed to set aside emergency funds for short-term needs and ensure long-term financial security during retirement years. This plan usually involves various long-term investment options and personal tax relief advantages to maximise savings and build a nest egg that can support you in later years when you no longer have a steady income from work.
The importance of a retirement savings plan
A retirement savings plan is important because it helps ensure financial stability during the post-working years. It allows you to build a nest egg that ensures a steady income when you no longer have a regular job. Money saved from a retirement plan can also be used as an additional living allowance when retired in old age. Without such a plan, there's a risk of financial strain or dependency on others for basic needs during retirement. In short, a retirement plan is to secure your finances and cost of living in old age.
Importance of a plan like i-Great Prestij
How can you achieve this great life? i-Great Prestige is a takaful retirement plan with savings that not only protect you and your loved ones from any uncertainties but also offer the potential for high returns to fulfil your aspirations. Your dream to see your children succeed in achieving their financial goals and for you to have a worry-free retirement is sure to become a reality.
Introducing the new fund, the Global Equity Fund, managed by abrdn Islamic Malaysia Sdn Bhd (formerly known as Aberdeen Standard Islamic Investments (Malaysia) Sdn Bhd). It offers global exposure by investing in internationally diversified Shariah-compliant equity portfolios and Shariah-compliant equity-related securities for better potential returns. This fund has also demonstrated consistent growth performance over the 1, 3, and 5-year horizons.