It is important to set financial planning goals before retirement through several saving efforts, said financial planner Ang Kian
Guan during a talk at the Nurwanita Restaurant in the Belait District on Saturday.
“It is important to identify where the money has been spent over a period of time,” he said.
As the Principal Consultant of Goodlife Financial Planning Sdn Bhd, Ang shared his knowledge and experience on savings and retirement planning with over 20 attendees at the event.
He believed that depending solely on the Employees Trust Fund (TAP) and Supplemental Contributory Pension (SCP) as retirement plans may not be sufficient in supporting the needs after retirement.
“It is important to diversify the investment portfolio instead of keeping the funds in one place,” he added.
Other topics discussed included guides on accomplishing financial goals, such as planning and making a roadmap for saving, budgetting, managing debt and making solid investments.