AIA Retirement Saver (II) Review

NOTE: AIA Retirement Saver (II) has been discontinued. For further information and details about this plan, fill up the form or Whatsapp us below and let us advise you accordingly.

AIA Retirement Saver (II) product details

• Life policy – Annuity
• Provides you with a guaranteed monthly income and a lump sum payout when you retire
• Choose to receive your guaranteed monthly income over a period of either 15 or 20 years
• Guaranteed payout worth 24 times your monthly income at your choice of retirement age of 55, 60 or 65
• Capital is guaranteed at retirement age
• Flexibility to choose when you wish to receive your monthly income, how much you wish to receive and how long you want it to last for
• Option to pay up to the age of 55, 60 or 65, or choose to pay over 5 or 10 years, or in one lump sum
  
  

Read about:  Why your retirement planning starts now

Read about: 4 Best Retirement plans and Annuity policies in Singapore (Updated)

Read about: The Complete Guide to Retirement Planning (Updated)

Features of AIA Retirement Saver (II) at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
Cancer Relief Income

Additional Features and Benefits
Yes.

Read about: 3 things to consider before taking up a new financial product

Read about: Effects of compounding returns on your investments

AIA Retirement Saver (II) may be suitable if you are looking for

AIA Retirement Saver (II) may potentially be a good fit if the following matters to you:

• Regular cash payout
• Saving regularly over a period of time
• Lump sum payout upon maturity
• Insurance options without medical underwriting
• Do not need access to the funds until retirement
• To potentially generate higher financial returns compared to bank accounts
  
  

AIA Retirement Saver (II) may not be suitable if you are looking for

AIA Retirement Saver (II) may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• A one-time premium commitment with no further cash commitment
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.
  
  

Further considerations on AIA Retirement Saver (II)

• How is AIA or AIA Retirement Saver (II) investment returns based on historical performance?
• How does AIA Retirement Saver (II) compare with Endowment policy from other insurance companies?
• Can AIA Retirement Saver (II) fulfil my financial, insurance, health and protection needs?
  
  

The above information may not fully highlight all the product details and features on AIA Retirement Saver (II). Talk to us or seek advice from a financial adviser before making any decision about AIA Retirement Saver (II).

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Is AIA Retirement Saver (II) suitable for me?