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Retirement Planning:
If you are in your 40s to 50s...


It’s never too late to start planning. Smart use of savings, investments and CPF can go a long way.

What’s the first thing that springs to mind when you think of retirement? A luxurious cruise, finding new hobbies with renewed passion, more time to see the grandchildren – or worry that you may not be able to afford it at all?

The good news is, if you are in your 40s or 50s, you will have built a solid foundation over the years. A loving family, good career, wise investments, life experience – these things all add up. This can be a good time to take stock of what you have and tap the many opportunities that are still open to you.

The key is to act now and be smart. Once you reach age 55, you’ll get a much higher interest rate by topping up your CPF than by leaving the money in a bank account. Supplementing with retirement plans that give you a steady income, and exploring sources of passive income like property, fixed savings and investment dividends, can also give you confidence as you inch closer to your post-work life.

Know your goals 40s

Plans to consider:


A plan that gives you greater flexibility while securing your lifetime income

Maximise your savings the smarter way and receive a lifetime of monthly payouts up to 3% p.a.from the 4th policy anniversary. Rest assured that your capital is 100% guaranteed from the end of the 6th policy year2. Also, a lump sum benefit is provided in the event of your passing or terminal illness to cover your expenses. Premiums start from S$10,000 a year with a short premium commitment of 3 years and no medical assessment required.

Find out how GREAT Lifetime Payout works.


A plan that optimises a one-time investment into a lifetime of income

Optimise your lump sum savings with the choice to receive or accumulate attractive monthly payouts. Receive a lifetime of guaranteed monthly income and non-guaranteed cash bonus from the 2nd policy anniversary. In addition, you can leave the death benefit as an inheritance to your loved ones.


Find out how Prestige Life Rewards 5 Series works.

At every age… Make your health a priority.

Consider all-round coverage for complete protection.

As you consider your retirement savings, it is important to think about ensuring you have planned for a holistic protection for hospitalisation, critical illness and disability. Not the nicest topic to think about, but it is important to bear these costs in mind as they can be very expensive, especially so as you grow older.

GREAT SupremeHealthGREAT TotalCare and GREAT CareShield are health plans well-designed to give you access to the best possible medical treatments while managing costs. You’ll want to start considering your coverage against escalating health costs when you are young and healthy, and not when medical conditions start to appear.

Give your savings a good boost before you reach retirement age. Speak to your Great Eastern Financial Representative about your options – there may be more than you think!



Secure your great retirement with financial storyboard. Plan with our Financial Representative today!


Monthly payout comprises of guaranteed survival benefit and non-guaranteed cash bonus. 3.00% p.a. of total annual premiums paid is based on an Illustrated Investment Rate of Return (IIRR) of the Participating Fund at 4.25% p.a.. At IIRR of 3.00% p.a., the monthly payout is 1.94% p.a. of the total annual premiums paid. The actual benefits payable may vary accordingly to the future experience of the Participating Fund.

Capital guarantee is on the condition that premiums are paid by annual mode and no policy alterations are made.


This advertisement has not been reviewed by the Monetary Authority of Singapore.

The above is for general information only. It is not a contract of insurance. The precise terms and conditions of these insurance plans are specified in the policy contract.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

Protected up to specified limits by SDIC.

Information correct as at 10 September 2021.

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Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd
Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd