However, you still need a retirement plan to act as a safety net in your golden years. With AIA Platinum Wealth Elite, you can continue charting a fulfilling and long career, while also enjoying peace of mind thanks to its protection benefits, and the option to make cash withdrawals during your retirement.
This differentiates the benefit of such plans compared to CPF LIFE – which is only meant for drawdown in your retirement years. If everything goes to plan, you can use this to supplement your retirement income on top of CPF LIFE. If you are unable or choose not to work during your golden years, you have an added financial safety net to fall back on.
AIA Platinum Wealth Elite gives you the ability to tap the best-in-class investment management companies, such as Baillie Gifford, BlackRock and Wellington Management, via one of three tailored funds – AIA Elite Conservative, AIA Elite Balanced and AIA Elite Adventurous – based on your risk preferences.
If the unforeseen happens, AIA Platinum Wealth Elite provides a lifetime of wealth protection (up to age 122) with a death benefit pay-out and terminal illness benefit. It also provides you security in the initial years of wealth accumulation, while your investments have not had the time to sufficiently compound, with guaranteed protection in the first 15 years.