::From The Day You Start Working::

Salam & Wonderfull day to everyone! :-)

Firstly, may I share this wonderful quote --

"The first step toward change is acceptance. Once you accept yourself, you open the door to change. That's all you have to do. Change is not something you do, it's something you allow". Will Garcia

Secondly, I want to illustrate example of a life journey of a person, from the day he/she starts working till retirement days...

Ahmad is a 23 year old fresh graduate. Started working in a XYZ company with starting salary of RM2,000 per month. Ahmad will be retiring in 32 years time (Normal people retire at 55). He rented in KL, still single & a heavy smoker. In urban area, the minimum inflation rate is at 6% & it could be more if you're a smoker!

With his RM2,000 income per month, 80% woule be his expenses per month, that will be equal to RM 1,600. When he is 55, with inflation rate at 6%, the future value of RM1,600 will be RM10,861. http://www.oneinvest.com.my/calculators/financial_calculator.asp

This figure remains true if his monthly income remains at RM1,600 per month from the first day till retirement!

Remember, when your salary increases, so does your expenses? :-) When you decided to get married, for example, your expenses shoot up! When you have a baby, for example, your expenses shoot up! When U moved to a new house, your expenses shoot up!

So, let say the minimum expenses for majority Malaysians are RM3,000 (if U had more, U can use the calculator above to work out on your own or email me to assist you further! :-) )

Rm3,000 now, 30 years from now, the future value would be = RM18,067.

Next, Ahmad got to decide who long will he be in his retirement days! Can he decides how long to live? NO Right? hehehe

Unless you die instantly right after you're 55, U got to think of your retirement funds starting from the 1st day of your working day!!!

Some research has been done in Insurance industry, average M'sia lifespan for Men is 72 and Women is 75. So, Ahmad got to prepare his retirement funds to cater for the next 15-20 years in retirement! Remember: During retirement, U got no other income except for what ever savings, rents that you have built all these working days... :-)

So, taking RM18,067 x 12 months x 15 years = RM3,252,060! Yes, it is RM3 MILLION!

* Have you started a plan to get to your retirement days income?

* Do you want to RETIRE RICH or RETIRE at Rumah Kebajikan?

* Do you want to prepare for your retirement needs?

* If I can show you there are ways to RETIRE RICH, would you be interested to know?

* Do you want me to serve for your retirement needs?

I am very happy to provide my service.

My name is Ida Azerin Razali & I'm a Financial Consultant from Public Mutual Berhad.

I can be contacted at 012-3215190.

My service is throughout Malaysia as I have branches in JB, Malacca, N.9, Perak, Pulau Pinang. New branches in East Coast will be ready soon too! :-)

Lastly, I wish all of you a happy retirement. You REAP what you SOW. 20 years from now, would you say "I'M GLAD I HAVE INVESTED" or "I WISH I HAD INVESTED".

The choice is yours, SOW the seed today, so that you'll have a bountifull TOMORROW.

Thank you for your time. Take care.