Retirement life planning

Get well-prepared for your twilight years

Plan well to achieve the retirement you want

Are you ready for retirement?

  • By the time you're stepping into the final chapter of your working life, you should be well-prepared with a comprehensive wealth management plan that fits your retirement needs to attain adequate savings and medical protection
  • If you expect to retire soon, you may be looking for less volatile investment and wealth accumulation insurance products to close any financial gaps in your desired retirement life. A deferred annuity insurance plan offering a steady stream of annuity income may help achieve a hassle-free retirement
  • Misfortune can ruin your plans, especially critical illness. Review your existing medical coverage in view of your latest medical expenses. Top up the sum insured or enhance medical coverage with VHIS or Medical and Critical Illness insurance plans if needed
  • If you have multiple MPF accounts, you may want to consider consolidating them into a MPF personal account for effective management

Enjoy retired life

  • After the retirement celebrations and honeymoon period are over, you may go through a series of emotional phases. Stay positive and you will eventually settle into a satisfying and meaningful retirement lifestyle
  • Hang Seng Personal Banking mobile app lets you bank anytime, anywhere. If you need counter services at branch, you can get an eTicket with eTicketing for Counter Services with mobile before heading out
  • You can withdraw your MPF accrued benefits in a lump sum or by instalments when you retire at the age of 65 or retire early at the age of 60 depending on your personal needs and financial circumstances
  • A life protection plan in the form of term life, whole life or universal life insurance offers you and your family an all-rounded protection with high financial flexibility
  • Travel lovers may wish to travel around the world in retirement but this dream does not come cheap. Assess your travel funding according to your travel plans. Frequent travellers may consider purchasing an annual travel insurance plan to save more

Spend your twilight years with loved ones

  • Conduct a holistic review of all your bank accounts, insurance policies and pension details. Draw up a will if needed to indicate how you would like to distribute your assets after death
  • Share your funeral plans and wishes with your loved ones at an appropriate time
  • It's always difficult to lose a friend or family member. A bereavement guide can soothe your family's worries as they deal with practical financial matters

Explore our products

eIncomePro Deferred Annuity Plan (100% Guaranteed)

  • Certified as Qualifying Deferred Annuity Policy and a life insurance underwritten by Hang Seng Insurance Company Limited
  • Enjoy Monthly Guaranteed Annuity Income for 10 years with life protection and free accidental death benefit for short premium payment period of 5 years
  • Qualified for tax deduction, easy online application and no medical examination required with guaranteed acceptance

Bupa Hero VHIS Plan

  • Full cover for cancer treatments
  • Enhanced cover including unknown pre-existing conditions
  • Eligible for tax deduction
This is a VHIS flexi plan certified by the Food and Health Bureau of Hong Kong and underwritten by Bupa (Asia) Limited

Footnote

Other point(s) to note

  1. To borrow or not to borrow? Borrow only if you can repay!
  2. Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the 'Principal Brochure'.
  3. Terms and Conditions apply.

Remark(s)

  1. The service is applicable to all street-level branches (except MTR Station Office and Mobile Branch) with relevant disclaimers applied.