Regarding retirement preparation, the same suggestions frequently arise: save and invest. But how can you guarantee that the money you’ve diligently saved will yield a reliable income throughout your retirement years? InLife provides a solution to this dilemma with InLife Retire Assure.
Crafted as the first genuine retirement insurance offering in the Philippines, InLife Retire Assure eliminates the uncertainty surrounding retirement strategies by surpassing the conventional lump-sum payouts typically provided by other firms. Instead, it offers a dependable monthly income that can extend from age 60 to 100. It’s akin to receiving a salary even after ceasing work, allowing you to preserve your lifestyle and autonomy without the anxiety of future costs.
The Significance of Monthly Income in Retirement
A crucial aspect of financial stability during retirement is having a consistent income source. It’s not solely about the amount you’ve saved; it’s also about making sure that your savings can cater to your needs in a sustainable, reliable fashion. The objective is to replace your lost earnings upon retirement so that you do not have to stress about depleting your funds during essential periods.
The guaranteed monthly payments from InLife Retire Assure help shield retirees from the dangers of overspending or exhausting their savings. This kind of reliable cash flow, along with possible dividends to manage living expenses, fosters a genuine sense of financial autonomy and tranquility.
Meeting a Genuine Requirement for Filipino Retirees
Statistics from the Bangko Sentral ng Pilipinas indicate that 80% of Filipinos aged 60 and above are not financially prepared to fulfill their essential needs during retirement. Although government initiatives such as the Social Security System (SSS) and the Government Service Insurance System (GSIS) offer assistance, the average monthly pensions—₱5,123 for SSS and ₱18,525 for GSIS—may fall short of supporting a retiree’s preferred way of life.
InLife Retire Assure provides a structured approach to future preparation. By permitting you to allocate a segment of your income over five or ten years, or through consistent payments until the age of 59 or 64, it ensures that your funds grow alongside you. What’s even better? You don’t have to undergo rigorous medical assessments to be eligible for an InLife Retire Assure policy. This allows every Filipino to secure a stable financial future, especially post-retirement.
Integrated Flexibility and Assurance in Your Plan
InLife recognizes that each individual’s financial journey is distinct. With InLife Retire Assure, policyholders have versatile payment alternatives, allowing them to make contributions annually, semi-annually, quarterly, or monthly, depending on what fits their lifestyle best. And when it’s time to access the benefits, payments are conveniently available through a specified bank account.
Moreover, InLife Retire Assure includes a life insurance feature, providing reassurance that your family will be safeguarded in the event of unforeseen circumstances. This combined advantage ensures that, beyond retirement, your loved ones’ financial stability is also prioritized.
Enabling Filipinos to Retire with Peace of Mind
InLife’s Chief Marketing Officer, Gae L. Martinez, articulates the motivation behind InLife Retire Assure: “We aspire for our fellow Filipinos to retire without concerns. Retirement should be a period for leisure, reconnection, and exploration. Individuals deserve to live their lives fully, free from the anxiety of depleting their savings.”
Retirement can be a fulfilling chapter in life, rich with experiences often postponed during our working years. InLife Retire Assure makes it achievable to genuinely relish those years, confident that there is a framework to support the life you imagined. By preparing in advance with InLife Retire Assure, you’re investing in your future self—a future where your only concern is selecting which adventure to embark on next.
To learn more about InLife Retire Assure, visit https://bit.ly/InLifeRetireAssure or connect with an InLife Financial Advisor.
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