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Thursday, April 3, 2008

Invest in a life annuity

Dear Mr. Tan,

I am 61 year old. I have around $100,000 to invest. I need your advise on a better investment compared to the low interest rate for fixed deposit.

I am thinking of putting the sum to a deferred anunity with NTUC Income. Am I able to withdraw the full amount from NTUC when I reach 65 years old. What are the likely return I will be getting in 4 year time?

REPLY
I suggest that you call the business center of NTUC Income and ask them about the return on the deferred annuity.

Please read this FAQ
http://www.tankinlian.com/faq/life.html

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