butterwaffles
Active Member
mummypooh, actually i never think about how i'm going to pay for his education, it's more of like, hope to have a sum of $ when he's an adult in case of anything. Projected interest rates are between 3.75% to 5.25%. If never use the 1K yearly withdrawal at all, maturity sum is $49K+ at 3.75% and $60K+ at 5.25%. If every year use the 1K, its $21K+ at 3.75% and $26K+ at 5.25%. But premiums for this 25 year plan is flexible, just that i choose to pay 1.7k (sorry, not 1.8K+, got the sum mixed up, haha) per year. Can choose lower premiums, then returns are lower and vice versa....
apple, ya lor..every month not so sim tia. Like income tax like that. Thou can pay at one shot, rather choose GIRO ^^ Wuhahahahahaha!
apple, ya lor..every month not so sim tia. Like income tax like that. Thou can pay at one shot, rather choose GIRO ^^ Wuhahahahahaha!