All about Retirement Fund

[m_lim]

paano ba mag compute? let's say i want to have 100thou monthly from age 65-80yrs old.

100t x 12months x no. of years ??

[Ma.Jewel_1987]

^sorry sis hindi ako marunung magcompute, magcocomment na alng ako hehe.
Ang laki 100k a month, okay na ata sakin 40k a month provided wala na akong bayarin at sarili ko lang iniintindi ko. But of course the bigger the better. Paano nga ba magcompute?

[may12]

^Kailangan talaga natin lakihan sis kasi di natin alam magkano nalang worth nub pagdating ng araw.

^Tama naman yata computation mo sis. Pero kung ilagay mo siya sa let's say time deposit, madadagdagan funds mo kahit papano.

[j.adore]

Cannot find any na matino.. Also, you need to factor in inflation rate.

[m_lim]

oo nga noh, with the inflation rate, for sure barya nalang sa susunod yang 100t.

ano ba ang future value ng 100t with current inflation rate?

[mebpa]

nabasa ko lang sa "12 Steps to Build Wealth on Any Income"
A. Estimate how much monthly income you will need to cover your expense if you are to retire today.
B. Calculate the future equivalent of this monthly amount at the age of actual retirement using inflation.

[izabelle]

I think we also need to consider saan natin plano mag retire. Sa manila ba? or sa province? mas mura cost of living sa province lalo na sa sobrang lalayo.

You also need to add buffer for medical expenses. Ang tao kapag matanda na talaga usually (not applicable para sa lahat) nagkakasakit na, may maintenance meds na.

So need consider lahat ng bagay.

[Annie M.]

^sorry sis hindi ako marunung magcompute, magcocomment na alng ako hehe.
Ang laki 100k a month, okay na ata sakin 40k a month provided wala na akong bayarin at sarili ko lang iniintindi ko. But of course the bigger the better. Paano nga ba magcompute?

sis, kung 40k a month ang gastos mo ngayon and you anticipate the same lifestyle when you're old, and assuming you will retire kunwari in 20 years, then you need P106,131.91 a month (yan na ang equivalent ng 40k in 2035). this is assuming na 5% ang average inflation rate.

this is a good calculator:
http://www.calculator.net/inflation-calculator.html

use the Forward Flat Rate Inflation Calculator. dollar sya pero kahit naman anong currency ganun din ang formula.

 

[m_lim]

^kung 100t/month, nasa 200+ na ang future equivalent niya. kailangan ko ng around 48M. wow!

[Ma.Jewel_1987]

^wow nga 

Thanks Annie M.

[mebpa]

^^ grabe, how can a regular employee save that amount? more than 1M a year expense and for how many years pa.

matagal-tagal na ipon pa.

I think we also need to consider saan natin plano mag retire. Sa manila ba? or sa province? mas mura cost of living sa province lalo na sa sobrang lalayo.

how I wish meron kame province. at least may option pa. and pwede den magtanim ng mga gulay, bawas expense pa.

[j.adore]

Di kaya ng basta ipon lang I think. You really need to prepare by making investments through different vehicles --- VUL, stocks, UITF, MF and the like.

[mebpa]

^ yup, I have those; but thinking of the amount I need after 30-plus years, I don't think I can have that much money. We really need multiple streams of income.

[Ma.Jewel_1987]

I agree, possible lang sya mareach pag may business ka.

[m_lim]

ang Philequity MF nasa 19-20% ang 5year return diba?

paano mag compute ng 20year historical return niya? 2005 siya nag start diba.

[marssie]

Nanghihinayang lang ako,  sa company kasi ni hubby may tinatawag silang employee savings fund, monthly silang binabawasan then pag nagretire or nagresign na sila doble na ang ibabalik sa kanila ng company, kaso biglang nagbago, instead na dodoblehin, yung binabawas parang iinvest nalang daw.. although irerelease naman yung mga dati ng nabawas as previously agreed (200%) nakakapanghinayang lang kasi isa yun sa plano na gawing retirement fund namin.. now, pinag-iisipan namin ni hubby san namin ilalagay yung money, may option naman kaming ikalat sa stocks, MF, UITF pero iba pa rin yung alam mong nasa isang lagayan lang at guaranteed pa ang returns..

[Ma.Jewel_1987]

Feeling ko sis mahirap kasi talaga yun sa part ng company, baka late na nila narealize na hindi feasible yun.Biruin mu guaranteed doble ang ibabalik sayo.

[purplezun]

mga sis,

dalawa po ang klase ng retirement plan. pwedeng capital preservation (you'll live by the interest of the fund) or diminishing (you'll live with the fund for X years).

usually ang computation na gusto natin e [textspeak!] capital preservation kaya the sooner you start on it the higher the chance you'll achieve it.

if you want to set an appointment para po macompute natin maayos ang needs ninyo please PM me.

Sun Life FA's wife

[m_lim]

saan mas maganda ilagay ang retirement fund? sa Single pay VUL or plain Mutual Fund?

madami rin bang charges ang Single Pay VUL?

[bk]

May idea ba kayo how much makukuha retirement sa sss? Di ba pag naghuhulog ka dun, pag nagretire ka pwede ka nila bigyan ng monthly retirement allowance?