Life is full of possibilities and once you are finally free from the commitment of 9 to 5 hours, you can finally take that long-awaited rest you have been dreaming of and turn your focus on your savings. Managing them is one thing, but dealing with what to spend on them is another. So, what retirement plans Malaysians usually accustomed to?
1) Health Plan
Getting the best health plan in the country is found to be one of the significant. Malaysians will normally go for various insurance and health packages that does not just covered the individual but will also covered family members as well. Various health plans such as AIA, Prudential, Zurich, and Great Eastern provide different benefits that will ensure the security of you and your family’s life throughout your retirement days.
2) Investment Role
A lot of retirees have a lot of time in their hand that having no work at all seems a bit dull. Hence, investment is the best and beneficial way to spend on – but with cautious in mind as an investment is a bridge that can go both ways; stand or crumble. There are plenty of investing opportunities to choose from CIMB, OCBC, Public Mutual and several online investing mediums that are kicking off the platform as well. Investing becomes an increased trend among retirees because it will help for better assurance in the near future; a plan B for the current savings in hand for reassurances for the family.
3) Vacation Go!
What is retirement without a little dose of self-pampering, right? Holiday plans are always a way to go, either for the individual alone or get away with the rest of the family. Especially with backpacking is going in trends with cheap holiday packages, seeing the world has never been so convenient and fun. Air Asia is one of the top airlines in Malaysia that offered various vacation packages for the entire family at a surprisingly affordable price. Get into the action of expanding your horizon – seeing all the sights you have been missing when you were holed up in your 4×4 cubicles.
4) Balance Life Physically, Mentally and Spiritually
Getting the best of everything is the way to live your life. Now that retirement is in the way, it becomes all the reason to spend it as wisely as possible. Maintaining a healthy lifestyle is a way to do it; physically, mentally and spiritually. Change your diet; switching to organic food that will keep you energized and fit every morning when you get out of bed. Plan a daily or weekly routine of enjoying the outside; go for a run, play sports, or get involved with recreational activities with the family to keep those metabolisms going. Find the centre of peace and serenity by getting in touch with your spiritual side; be it a religion or personal belief, it is best to have an anchor for your soul to hold on to.
Spend your retirement with full-on planning and at the same time enjoying the lifelong free time you are having on your plate right now.