In this episode, I hope to stress that both phases in retirement planning - accumulation and consumption, are equally important to secure retirement adequacy (not necessarily a luxurious retirement). The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-sea...
Apr 29, 2022•10 min•Season 1Ep. 16
In this episode, I will answer some frequently asked questions on the features and concerns of CareShield Life. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR.
Apr 22, 2022•14 min•Season 1Ep. 15
In this episode, I will share the key differences between two severe disability insurance schemes - ElderShield and CareShield Life, in helping Singaporeans prepare for their long-term care needs. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season...
Apr 15, 2022•8 min•Season 1Ep. 14
In this episode, I will further elaborate on CPF LIFE - the national annuity plan which provides a way out of the longevity risk that retirees face with provision of income throughout their retirement, for life! The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom...
Apr 08, 2022•9 min•Season 1Ep. 13
In this episode, I will highlight the key principle governing CPF and shares about the Minimum Sum Scheme, CPF LIFE as well as the hottest debate in 2014 concerning the interest rates we are getting from our CPF accounts. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-mo...
Apr 01, 2022•14 min•Season 1Ep. 12
In this episode, I will share the resources available to fulfil the three basic needs in our retirement age - a house to stay in, medical expense insurance, and a reliable monthly income stream. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1...
Mar 25, 2022•12 min•Season 1Ep. 11
In this episode, I will share the key considerations you should take into account if you own an Investment-Linked Policy given its insurance charges that increase tremendously from age 40. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Musi...
Mar 18, 2022•11 min•Season 1Ep. 10
In this episode, I will share how you can be adequately covered to ensure zero or low out-of-pocket expenses during a medical crisis, and to allow you to live normally until your situation gets better. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-s...
Mar 11, 2022•11 min•Season 1Ep. 9
In this episode, I will present one common tactic used to simplify the way to pay estate duty - use of whole life plans. If you're an investor of foreign assets, this information would be very useful to you. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-pod...
Mar 04, 2022•9 min•Season 1Ep. 8
In this episode, I hope to dispel a myth that many have believed for a long time - that insurance is a good instrument to accumulate wealth. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
Feb 25, 2022•11 min•Season 1Ep. 7
In this episode, I will be explaining the types and durations of our insurance needs as well as how we can prioritise one over another given our limited resources. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
Feb 18, 2022•17 min•Season 1Ep. 6
In this episode, I will share the comparison on how every dollar of premiums you pay is being used between whole life and term insurance. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR.
Feb 11, 2022•14 min•Season 1Ep. 5
In this episode, I will share the reasons why we have been emphasising so much on using term insurance despite the absence of a maturity benefit - one of the main reasons for its unpopularity. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ ...
Feb 04, 2022•10 min•Season 1Ep. 4
Insurance should be used strictly for life protection. In most instances, it is a temporary need, the only exception is probably medical expense insurance. In this episode, I will share the differences between medical expense insurance for local, regional and worldwide coverage as well as their underwriting requirement. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financ...
Jan 28, 2022•11 min•Season 1Ep. 3
In this episode, I will lists down 6 financial health markers you can use to check your financial condition and the practical ways to stay financially healthy and fit. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR...
Jan 21, 2022•13 min•Season 1Ep. 2
In the very first episode, I will be sharing my objectives of publishing the Money Wisdom book back in 2019 and an overview of its content flow so you can have a better understanding of what to expect from this podcast. A common theme throughout my book is the focus on making a life decision first and let your life decision lead your financial decisions. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Mon...
Jan 14, 2022•12 min•Season 1Ep. 1
