PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. WHY ROLLING RETURNS COULD INCREASE YOUR INVESTMENT Based on history, returns tend to be positively skewed. Over time, the volatility of the value of your portfolio is greatly reduced. Returns take time to become positive. It takes time to capture the required returns. The 25th percentile 5-year rolling returns are 4.5% a year. CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. WHY ROLLING RETURNS COULD INCREASE YOUR INVESTMENT Based on history, returns tend to be positively skewed. Over time, the volatility of the value of your portfolio is greatly reduced. Returns take time to become positive. It takes time to capture the required returns. The 25th percentile 5-year rolling returns are 4.5% a year. CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | PUBLICATIONS | PROVIDEND Money WisdomSimple Truths For Financial Wellness. S$ 30. (Soft Cover) S$ 42. (Hard Cover) Order Now. Launched and published in October 2019, Money Wisdom: Simple Truths For Financial Wellness is essentially a collection of articles written over the course of the early 2000s and up to 2019 by Christopher, CEO of Providend, for a host of print PROVIDEND | INSIGHT | PROVIDEND New! 3rd Edition. Leave a Legacy, Not a Loss. Taking you through the concerns surrounding estate planning in a manner that is easy to grasp and understand. It will act as a companion along your estate planning journey, especially in this challenging times of COVID-19. ORDER HERE. PROVIDEND | WEALTH SOLUTIONS | PROVIDEND Let Us Help YouAchieve Your Goals. Our advisers can assist you in taking care of your financial concern so you can focus on what matters to you. We offer a complimentary, no obligation initial meeting to get to know you better. GET IN TOUCH. MARKET REVIEW MAY 2021 Should you sell in May? If you were reading the financial news headlines in May, you can be forgiven for thinking that it was not a very exciting month in the stock market as the S&P 500 rose 0.7% for the month, after falling for 3 weeks in a row. If you were keeping

tabs

RETIREMENT | INSIGHT | PROVIDEND In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. If READ MORE. 0. By Kyith Ng. In Retirement, Retirement Most Read. Posted

28/07/2020.

ARE YOU CAPABLE IN RETIREMENT PLAN MANAGEMENT? JOIN THE Enjoys wealth advisory work as well as liaising with vendors and clients. Is driven, tenacious and possess a strong sense of work ethics. Loves analytical work. Has good interpersonal & communication skills. Is a good team player who can work independently and diligently. Has a bachelor degree in any discipline. BEST RETIREMENT INVESTMENT AND FINANCIAL PLAN YOU NEED TO for the Long-term. At Providend, we do not believe in guessing or timing the market. Investing is a game of probabilities. Decades of data tells us that it is a futile attempt and as a result, investors suffer from a poor investment experience and do not get the returns they deserve. Instead, we prefer to invest your money based on decades

of

HOW TO HAVE AN INSURED RETIREMENT PLAN DURING WITHDRAWAL While there are 2 phases in retirement planning: the accumulation phase and withdrawal phase, in the course of our work, we observed that a lot more emphasis has been placed on the former although it is the latter that is more complex and requires more attention. Retirement planning during the withdrawal phase is more complex

because

THREE TYPES OF INVESTING ONLY FINANCIAL CONSULTANT SHOULD Evidence-Based Investing. So, we have seen that fund managers do one of 2 things: They focus on picking individual securities, or they attempt to mimic the performance of index benchmarks. Evidence-based investors share some similarities of passive investing – the belief in staying in the market for the long-term and keep costs low but they USING LIFE INSURANCE AS A SAVINGS INSTRUMENT? 3. Safe. Besides accumulating your money at higher interest rates and having the protection element, life insurance is a safe instrument. To be fair, there is some truth in what is being said about using insurance products as a savings tool. It does give a PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. WHY ROLLING RETURNS COULD INCREASE YOUR INVESTMENT Based on history, returns tend to be positively skewed. Over time, the volatility of the value of your portfolio is greatly reduced. Returns take time to become positive. It takes time to capture the required returns. The 25th percentile 5-year rolling returns are 4.5% a year. CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. WHY ROLLING RETURNS COULD INCREASE YOUR INVESTMENT Based on history, returns tend to be positively skewed. Over time, the volatility of the value of your portfolio is greatly reduced. Returns take time to become positive. It takes time to capture the required returns. The 25th percentile 5-year rolling returns are 4.5% a year. CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | INSIGHT | PROVIDEND New! 3rd Edition. Leave a Legacy, Not a Loss. Taking you through the concerns surrounding estate planning in a manner that is easy to grasp and understand. It will act as a companion along your estate planning journey, especially in this challenging times of COVID-19. ORDER HERE. PROVIDEND | PUBLICATIONS | PROVIDEND Money WisdomSimple Truths For Financial Wellness. S$ 30. (Soft Cover) S$ 42. (Hard Cover) Order Now. Launched and published in October 2019, Money Wisdom: Simple Truths For Financial Wellness is essentially a collection of articles written over the course of the early 2000s and up to 2019 by Christopher, CEO of Providend, for a host of print PROVIDEND | WEALTH SOLUTIONS | PROVIDEND Let Us Help YouAchieve Your Goals. Our advisers can assist you in taking care of your financial concern so you can focus on what matters to you. We offer a complimentary, no obligation initial meeting to get to know you better. GET IN TOUCH. MARKET REVIEW MAY 2021 Should you sell in May? If you were reading the financial news headlines in May, you can be forgiven for thinking that it was not a very exciting month in the stock market as the S&P 500 rose 0.7% for the month, after falling for 3 weeks in a row. If you were keeping

tabs

RETIREMENT | INSIGHT | PROVIDEND In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. If READ MORE. 0. By Kyith Ng. In Retirement, Retirement Most Read. Posted

28/07/2020.

ARE YOU CAPABLE IN RETIREMENT PLAN MANAGEMENT? JOIN THE Enjoys wealth advisory work as well as liaising with vendors and clients. Is driven, tenacious and possess a strong sense of work ethics. Loves analytical work. Has good interpersonal & communication skills. Is a good team player who can work independently and diligently. Has a bachelor degree in any discipline. ENSURE YOUR CHILDREN'S FUTURE WITH THESE EDUCATION At Providend, we focus on getting to know you first — your lifestyle, goals and values. Then, we will develop a long-term plan to achieve those goals. Combining the expertise of our advisers with technology and our self-developed proprietary tool, we will analyse your assets and expenditures. We will provide you with a comprehensive

analysis

COFFEEBREAK

02 Christopher Tan, Chief Executive Officer. Tackling the Complexity . of Retirement Spending. In conventional retirement planning, advisers often assume that their clients’ annual expenses HOW TO HAVE AN INSURED RETIREMENT PLAN DURING WITHDRAWAL While there are 2 phases in retirement planning: the accumulation phase and withdrawal phase, in the course of our work, we observed that a lot more emphasis has been placed on the former although it is the latter that is more complex and requires more attention. Retirement planning during the withdrawal phase is more complex

because

USING LIFE INSURANCE AS A SAVINGS INSTRUMENT? 3. Safe. Besides accumulating your money at higher interest rates and having the protection element, life insurance is a safe instrument. To be fair, there is some truth in what is being said about using insurance products as a savings tool. It does give a PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. WHY ROLLING RETURNS COULD INCREASE YOUR INVESTMENT Based on history, returns tend to be positively skewed. Over time, the volatility of the value of your portfolio is greatly reduced. Returns take time to become positive. It takes time to capture the required returns. The 25th percentile 5-year rolling returns are 4.5% a year. CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. WHY ROLLING RETURNS COULD INCREASE YOUR INVESTMENT Based on history, returns tend to be positively skewed. Over time, the volatility of the value of your portfolio is greatly reduced. Returns take time to become positive. It takes time to capture the required returns. The 25th percentile 5-year rolling returns are 4.5% a year. CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | INSIGHT | PROVIDEND New! 3rd Edition. Leave a Legacy, Not a Loss. Taking you through the concerns surrounding estate planning in a manner that is easy to grasp and understand. It will act as a companion along your estate planning journey, especially in this challenging times of COVID-19. ORDER HERE. PROVIDEND | PUBLICATIONS | PROVIDEND Money WisdomSimple Truths For Financial Wellness. S$ 30. (Soft Cover) S$ 42. (Hard Cover) Order Now. Launched and published in October 2019, Money Wisdom: Simple Truths For Financial Wellness is essentially a collection of articles written over the course of the early 2000s and up to 2019 by Christopher, CEO of Providend, for a host of print PROVIDEND | WEALTH SOLUTIONS | PROVIDEND Let Us Help YouAchieve Your Goals. Our advisers can assist you in taking care of your financial concern so you can focus on what matters to you. We offer a complimentary, no obligation initial meeting to get to know you better. GET IN TOUCH. MARKET REVIEW MAY 2021 Should you sell in May? If you were reading the financial news headlines in May, you can be forgiven for thinking that it was not a very exciting month in the stock market as the S&P 500 rose 0.7% for the month, after falling for 3 weeks in a row. If you were keeping

tabs

RETIREMENT | INSIGHT | PROVIDEND In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. If READ MORE. 0. By Kyith Ng. In Retirement, Retirement Most Read. Posted

28/07/2020.

ARE YOU CAPABLE IN RETIREMENT PLAN MANAGEMENT? JOIN THE Enjoys wealth advisory work as well as liaising with vendors and clients. Is driven, tenacious and possess a strong sense of work ethics. Loves analytical work. Has good interpersonal & communication skills. Is a good team player who can work independently and diligently. Has a bachelor degree in any discipline. ENSURE YOUR CHILDREN'S FUTURE WITH THESE EDUCATION At Providend, we focus on getting to know you first — your lifestyle, goals and values. Then, we will develop a long-term plan to achieve those goals. Combining the expertise of our advisers with technology and our self-developed proprietary tool, we will analyse your assets and expenditures. We will provide you with a comprehensive

analysis

COFFEEBREAK

02 Christopher Tan, Chief Executive Officer. Tackling the Complexity . of Retirement Spending. In conventional retirement planning, advisers often assume that their clients’ annual expenses HOW TO HAVE AN INSURED RETIREMENT PLAN DURING WITHDRAWAL While there are 2 phases in retirement planning: the accumulation phase and withdrawal phase, in the course of our work, we observed that a lot more emphasis has been placed on the former although it is the latter that is more complex and requires more attention. Retirement planning during the withdrawal phase is more complex

because

USING LIFE INSURANCE AS A SAVINGS INSTRUMENT? 3. Safe. Besides accumulating your money at higher interest rates and having the protection element, life insurance is a safe instrument. To be fair, there is some truth in what is being said about using insurance products as a savings tool. It does give a PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

TAN CHIN YU

Prior to being part of the Providend family, Chin Yu worked at Singapore Airlines (SIA) in various commercial roles, including 5 years overseas which is a typical career progression to becoming an overseas General Manager. At the same time, he was also “in love” with personal finance, having invested in his first index fund in 2013

and had

CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNING Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNT At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

TAN CHIN YU

Prior to being part of the Providend family, Chin Yu worked at Singapore Airlines (SIA) in various commercial roles, including 5 years overseas which is a typical career progression to becoming an overseas General Manager. At the same time, he was also “in love” with personal finance, having invested in his first index fund in 2013

and had

CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | PUBLICATIONS | PROVIDEND Money WisdomSimple Truths For Financial Wellness. S$ 30. (Soft Cover) S$ 42. (Hard Cover) Order Now. Launched and published in October 2019, Money Wisdom: Simple Truths For Financial Wellness is essentially a collection of articles written over the course of the early 2000s and up to 2019 by Christopher, CEO of Providend, for a host of print PROVIDEND | INSIGHT | PROVIDEND New! 3rd Edition. Leave a Legacy, Not a Loss. Taking you through the concerns surrounding estate planning in a manner that is easy to grasp and understand. It will act as a companion along your estate planning journey, especially in this challenging times of COVID-19. ORDER HERE. PROVIDEND | WEALTH SOLUTIONS | PROVIDEND Let Us Help YouAchieve Your Goals. Our advisers can assist you in taking care of your financial concern so you can focus on what matters to you. We offer a complimentary, no obligation initial meeting to get to know you better. GET IN TOUCH. RETIREMENT | INSIGHT | PROVIDEND In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. If READ MORE. 0. By Kyith Ng. In Retirement, Retirement Most Read. Posted

28/07/2020.

ARE YOU CAPABLE IN RETIREMENT PLAN MANAGEMENT? JOIN THE Enjoys wealth advisory work as well as liaising with vendors and clients. Is driven, tenacious and possess a strong sense of work ethics. Loves analytical work. Has good interpersonal & communication skills. Is a good team player who can work independently and diligently. Has a bachelor degree in any discipline. BEST RETIREMENT INVESTMENT AND FINANCIAL PLAN YOU NEED TO for the Long-term. At Providend, we do not believe in guessing or timing the market. Investing is a game of probabilities. Decades of data tells us that it is a futile attempt and as a result, investors suffer from a poor investment experience and do not get the returns they deserve. Instead, we prefer to invest your money based on decades

of

CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

TAN CHIN YU

Prior to being part of the Providend family, Chin Yu worked at Singapore Airlines (SIA) in various commercial roles, including 5 years overseas which is a typical career progression to becoming an overseas General Manager. At the same time, he was also “in love” with personal finance, having invested in his first index fund in 2013

and had

MAX KEELING

Max is a Chartered Accountant and prior to becoming a Financial Advisor had a corporate career for over 17 years, including roles at KPMG and 10 years at Barclays Bank. Max launched Providend's expat advisory brand 'Ignite' in 2018 after running a successful expat financial coaching business for 2 years called 'The Investing Coach'. This was following his own personal experiences of investing PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNINGPROVIDENT PARTNERS PROPERTY MANAGEMENT Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNTCPF RETIREMENT ACCOUNTRA RETIREMENT ACCOUNTMY IRA ACCOUNTADDING TO IRA AFTER RETIREMENTTRANSAMERICA RETIREMENTBEST ACCOUNTS FOR RETIREMENT SAVINGS At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

TAN CHIN YU

Prior to being part of the Providend family, Chin Yu worked at Singapore Airlines (SIA) in various commercial roles, including 5 years overseas which is a typical career progression to becoming an overseas General Manager. At the same time, he was also “in love” with personal finance, having invested in his first index fund in 2013

and had

CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNINGPROVIDENT PARTNERS PROPERTY MANAGEMENT Providend helps you manage your wealth and make the right financial decision, all revolving around your life priorities. So you can focus on things that matter. Independent. Honest. Competent. We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in

Singapore

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

FREQUENTLY ASKED QUESTIONS ABOUT CPF Frequently Asked Questions About CPF. 1. For the extra 1% interest, how do they divide the interest on $40,000 between SA and RA? CPF allocates based on the precedence of RA-OA-SA-MA. If you are currently after 55 years old, and you have RA, that takes precedence. If you are before 55, it will go to OA (20k) then SA, then MA. 2. PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng Chen. , PhD. , CFA. Peng is currently Senior Advisor and Director of Providend, advising the firm on strategic matters as well as strengthening Providend’s investment advisory as well as capabilities. Prior to his current role at Providend, Dr Peng was the founding CEO of Dimensional Fund Advisors (Asia Ex-Japan) from

2012-2019.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNTCPF RETIREMENT ACCOUNTRA RETIREMENT ACCOUNTMY IRA ACCOUNTADDING TO IRA AFTER RETIREMENTTRANSAMERICA RETIREMENTBEST ACCOUNTS FOR RETIREMENT SAVINGS At the start of 58 years old, your CPF RA will earn $8,000 in interest. When you are 58 years old, the ERS is $200,000. While you have $200,000 in your CPF RA due to the principal + interest, CPF measures how much you can top up based on $192,000 vs the $200,000 ERS limit. This meant that you can further top-up. 5. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

TAN CHIN YU

Prior to being part of the Providend family, Chin Yu worked at Singapore Airlines (SIA) in various commercial roles, including 5 years overseas which is a typical career progression to becoming an overseas General Manager. At the same time, he was also “in love” with personal finance, having invested in his first index fund in 2013

and had

CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH? PROVIDEND | PUBLICATIONS | PROVIDEND Money WisdomSimple Truths For Financial Wellness. S$ 30. (Soft Cover) S$ 42. (Hard Cover) Order Now. Launched and published in October 2019, Money Wisdom: Simple Truths For Financial Wellness is essentially a collection of articles written over the course of the early 2000s and up to 2019 by Christopher, CEO of Providend, for a host of print PROVIDEND | INSIGHT | PROVIDEND New! 3rd Edition. Leave a Legacy, Not a Loss. Taking you through the concerns surrounding estate planning in a manner that is easy to grasp and understand. It will act as a companion along your estate planning journey, especially in this challenging times of COVID-19. ORDER HERE. PROVIDEND | WEALTH SOLUTIONS | PROVIDEND Let Us Help YouAchieve Your Goals. Our advisers can assist you in taking care of your financial concern so you can focus on what matters to you. We offer a complimentary, no obligation initial meeting to get to know you better. GET IN TOUCH. RETIREMENT | INSIGHT | PROVIDEND In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. If READ MORE. 0. By Kyith Ng. In Retirement, Retirement Most Read. Posted

28/07/2020.

ARE YOU CAPABLE IN RETIREMENT PLAN MANAGEMENT? JOIN THE Enjoys wealth advisory work as well as liaising with vendors and clients. Is driven, tenacious and possess a strong sense of work ethics. Loves analytical work. Has good interpersonal & communication skills. Is a good team player who can work independently and diligently. Has a bachelor degree in any discipline. BEST RETIREMENT INVESTMENT AND FINANCIAL PLAN YOU NEED TO for the Long-term. At Providend, we do not believe in guessing or timing the market. Investing is a game of probabilities. Decades of data tells us that it is a futile attempt and as a result, investors suffer from a poor investment experience and do not get the returns they deserve. Instead, we prefer to invest your money based on decades

of

CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

TAN CHIN YU

Prior to being part of the Providend family, Chin Yu worked at Singapore Airlines (SIA) in various commercial roles, including 5 years overseas which is a typical career progression to becoming an overseas General Manager. At the same time, he was also “in love” with personal finance, having invested in his first index fund in 2013

and had

MAX KEELING

Max is a Chartered Accountant and prior to becoming a Financial Advisor had a corporate career for over 17 years, including roles at KPMG and 10 years at Barclays Bank. Max launched Providend's expat advisory brand 'Ignite' in 2018 after running a successful expat financial coaching business for 2 years called 'The Investing Coach'. This was following his own personal experiences of investing PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNINGPROVIDENT PARTNERS PROPERTY MANAGEMENT We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in Singapore, where only PROVIDEND | WEALTH SOLUTIONS | PROVIDEND We offer honest, independent and competent wealth solutions where your interests come first. Never worry again when you choose us. HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng is currently Senior Advisor to Providend, advising the firm on strategic matters as well as strengthening Providend's investment advisory as well as capabilities.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNTCPF RETIREMENT ACCOUNTRA RETIREMENT ACCOUNTMY IRA ACCOUNTADDING TO IRA AFTER RETIREMENTTRANSAMERICA RETIREMENTBEST ACCOUNTS FOR RETIREMENT SAVINGS The CPF Retirement Account is the least known account but is the one that is going to provide you with lifelong income. Find out what you could do at pivotal points in your life to enhance your retirement

income and more.

CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH?

TAN CHIN YU

Being part of the Singapore team who attained the bronze medal in the Challenge Cup of Asia tournament in 2019. This was an achievement because we managed to defeat Malaysia, who won us by quite a large margin during the 2017 SEA Games. PROVIDEND | FEE-ONLY WEALTH ADVISORYOUR WEALTH SOLUTIONSCONTACT USBENEFICIARIES OF ESTATEINVESTMENT MANAGEMENTESTATE PLANNINGPROVIDENT PARTNERS PROPERTY MANAGEMENT We are paid only by our clients, and all product commissions are rebated back to them. Providend is the first fee-only wealth advisory firm in Singapore, where only PROVIDEND | WEALTH SOLUTIONS | PROVIDEND We offer honest, independent and competent wealth solutions where your interests come first. Never worry again when you choose us. HOW DID STOCKS PERFORM DURING HIGH INFLATION PERIODSSEE MORE ON

PROVIDEND.COM

TO UNDERSTAND CPF, FIRST UNDERSTAND ITS PURPOSE To understand CPF, we first must know that the primary purpose of CPF is to help us meet our basic retirement. It is on this premise that the scheme was built upon and it is from this perspective that we must look from. All other uses of CPF monies are meant to support this one

purpose.

PENG CHEN - SENIOR ADVISOR TO PROVIDEND Peng is currently Senior Advisor to Providend, advising the firm on strategic matters as well as strengthening Providend's investment advisory as well as capabilities.

CHRISTOPHER TAN

Christopher has close to two decades of experience in the wealth management and financial planning industry. Professionally, he is a Certified Financial Planner and a member of the Financial Planning Association of Singapore. Christopher also sits on the management committee of Securities Investors Association of Singapore (SIAS). CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. 10 IMPORTANT ASPECTS ABOUT YOUR CPF RETIREMENT ACCOUNTCPF RETIREMENT ACCOUNTRA RETIREMENT ACCOUNTMY IRA ACCOUNTADDING TO IRA AFTER RETIREMENTTRANSAMERICA RETIREMENTBEST ACCOUNTS FOR RETIREMENT SAVINGS The CPF Retirement Account is the least known account but is the one that is going to provide you with lifelong income. Find out what you could do at pivotal points in your life to enhance your retirement

income and more.

CAN THE YIELD CURVE PREDICT A STOCK MARKET CRASH?

TAN CHIN YU

Being part of the Singapore team who attained the bronze medal in the Challenge Cup of Asia tournament in 2019. This was an achievement because we managed to defeat Malaysia, who won us by quite a large margin during the 2017 SEA Games. PROVIDEND | PUBLICATIONS | PROVIDEND Launched and published in October 2019, Money Wisdom: Simple Truths For Financial Wellness is essentially a collection of articles written over the course of the early 2000s and up to 2019 by Christopher, CEO of Providend, for a host of print media, especially The Business Times

and

PROVIDEND | INSIGHT | PROVIDEND Taking you through the concerns surrounding estate planning in a manner that is easy to grasp and understand. It will act as a companion along your estate planning journey, especially in this challenging times of COVID-19. PROVIDEND | WEALTH SOLUTIONS | PROVIDEND This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. DRAWING-DOWN IN RETIREMENT We understand that at this phase of your life, reliability of income is more important than return on investment. After working with retirees for over two decades, we have developed the RetireWell methodology. We will design a plan that will give you a safe and reliable stream of income for the rest of your life, with provisions for legacy in the event of demise, so that you can live up your BEST RETIREMENT INVESTMENT AND FINANCIAL PLAN YOU NEED TO At Providend, we do not believe in guessing or timing the market. Investing is a game of probabilities. Decades of data tells us that it is a futile attempt and as a result, investors suffer from a poor investment experience and do not get the returns they deserve. RETIREMENT | INSIGHT | PROVIDEND In Singapore, the current official retirement age is 62 years old but to have a realistic estimate of when you can really retire, it ultimately starts with determining your retirement needs. ARE YOU CAPABLE IN RETIREMENT PLAN MANAGEMENT? JOIN THE We are looking for a self-driven and passionate individual to join us in building the insurance advisory arm. As an Insurance Solutions Specialist, you will be given the opportunity to learn the full range of insurance advisory work from planning doctrine, product knowledge, advisory and client servicing. CAN YOU LIVE OFF $1M IN RETIREMENT? It's a key question when it comes to planning your retirement or setting a financial goal, and you will find it hard to get a straight answer. You need to take into account your current and desired lifestyle, current age, risk tolerance, investment options, life expectancy and post-retirement bucket list. Working through these elements is a cornerstone of my approach with coaching clients. FINANCIAL LESSONS FROM THE GARDEN As I watched the S&P fell almost 20% from its peak and having been in similar situations many times before, I wanted to write something to encourage all of you that in the end, everything will be alright. And as I was deliberating on what I should write, an idea came to me. Why not dig out some of those articles which I wrote between 2008 and 2009, at the depth of the Great Financial Crisis?

MAX KEELING

Max is a Chartered Accountant and prior to becoming a Financial Advisor had a corporate career for over 17 years, including roles at KPMG and 10 years at Barclays Bank. Max launched Providend's expat advisory brand 'Ignite' in 2018 after running a successful expat financial coaching business for 2 years called 'The Investing Coach'. This was following his own personal experiences of investing

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SINGAPORE’S FIRST FEE-ONLY WEALTH MANAGEMENT FIRM Making a name through ethical practices

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PROVIDEND STARTED WITH A BURNING DESIRE TO DO WEALTH ADVISORY RIGHT. DARING TO BE DIFFERENT The wealth advisory industry, often plagued with issues of mis-selling, churning, product pushing and the like, was gradually losing consumers’ faith in entrusting advisers with their financial

affairs.

When we finally opened our doors for business on 20 May 2003, we wanted to be a catalyst for change, even if that meant being different from everyone else. We wanted to be a company that takes a firm stand for honest, independent and competent advice. HONEST, INDEPENDENT AND COMPETENT ADVICE Providend became the first wealth advisory company in Singapore to operate on a fee basis. This means that all our fee-paying clients will pay us a flat fee for doing their work and product commissions will then be rebated back to them. We firmly believed then and still do, that taking commissions when giving advice creates a conflict of interest and is the root of all ethical problems. We also became the first wealth advisory company in Singapore to assemble a team of advisers with different skills and knowledge to do the work for each client. We believe that no one individual person can be an expert in the different practice areas of wealth advisory. OVER NEARLY THE PAST TWO DECADES, WE AIRED OUR FRANK VIEWS ON FINANCIAL MATTERS THROUGH OUR CONTRIBUTIONS TO THE MEDIA AND PROFESSIONAL PUBLICATIONS AND BECAME A STRONG ADVOCATE FOR TRANSPARENCY IN THIS INDUSTRY.

1

1

About Us

Who We Work With

1

1

OUR PHILOSOPHY ON WEALTH MANAGEMENT WE CAN HELP YOU ACHIEVE YOUR LIFE GOALS NOT JUST IN THE FUTURE, BUT ALSO TODAY. “At the end of the day, money is not a goal, it’s an enabler, and if I’m able to help you know that you have enough, then you should stop, and live your life now. That is the true value of financial

planning.”

Read Full Article

Learn More Here

OUR PHILOSOPHY ON INVESTMENT MANAGEMENT WE INVEST YOUR MONEY BASED ON DECADES OF ACADEMIC RESEARCH, NOBEL PRIZE WINNING THINKING THAT SPAN ACROSS TIME AND MARKETS. “Certainty and a high confidence in the outcome is what I need from my investment portfolios to give my clients the peace of mind that they seek. Not investment strategies that sound good but don’t

deliver.”

Read Full Article

Learn More Here

OUR PHILOSOPHY ON MITIGATING LIFE RISKS FOR INSURANCE, WE BELIEVE THAT IT IS IMPORTANT TO BUY AS MUCH AS YOU NEED, AND SPEND AS LITTLE AS YOU CAN. “We can discuss all the merits of whole life with cash values and so

on,

but if we cannot even fully cover our basic needs, what’s the point? With term plans, we can afford to fully cover our needs. Use insurance for the right purpose: Protection.”

Read Full Article

Learn More Here

WHO WE WORK WITH

As a boutique-sized, professional practice firm, we serve the affluent and expats in Singapore. Our clients mainly fall into one of the four

categories below:

ACCUMULATORS

Accumulators who are looking to build wealth towards their retirement and are prepared to start with a minimum investment of SGD200,000. They want a comprehensive plan to take care of every aspect of their

financial life.

A typical Accumulator profile would be: * Busy professionals who have no time to manage their finances

effectively

* Family stewards who would like to plan for their children’s tertiary education without compromising their own retirement plan * Senior management seeking for investment solutions that can meet their workplace compliance requirements and restrictions

How We Can Help

RETIREES AND NEAR RETIREES Retirees and Near retirees with at least SGD2 million to invest and want a safe and reliable income stream in retirement. Many of them come to us looking to: * Generate a safe and reliable income stream in retirement * Simplify their life and not have to be so active in managing their finances and/or investment * Find someone competent and trustworthy to work with their spouse when they are no longer around * Protect and transfer their wealth smoothly to the next generation

How We Can Help

BENEFICIARIES OF ESTATE Beneficiaries of estate who want their inheritance to be prudently managed and would need professional help in: * Exploring “what-if” scenarios to determine the best use for

their inheritance

* Objectively evaluating difficult decisions such as whether to hold or liquidate inherited real estate assets or securities * Understanding how the inheritance may change their current savings strategy by re-assessing and prioritizing their financial

goals

* Developing a comprehensive wealth management plan that includes an investment strategy for inherited cash or assets

How We Can Help

EXPATRIATES IN SINGAPORE Expatriates who are either about to relocate or already living in Singapore and want clarity in the following: * Their cashflow analysis upon relocating with family and children * Complicated tax requirements * Managing multiple pensions across different countries * Maximising wealth creation opportunities while managing investments

back home

* Maintaining cash balances in various countries * Seeking investment options for tax-efficiency * Retirement and inheritance planning

How We Can Help

OUR WEALTH SOLUTIONS

WEALTH

MANAGEMENT

With a purpose-driven approach to wealth management, it is always about making a life decision first, and allowing your financial decisions to follow it. Because purpose transforms money into

true wealth.

INVESTMENT MANAGEMENT Similar to how we depend on research and data to do many things in the modern world, from medicine to engineering, apply the science of evidence-based investing and start stacking the odds in your favour. RISK MITIGATION PLANNING Insurance may not be the most pleasant of topics, but it is crucial for protecting your finances from unfortunate events so that your goals can still be realised.

ESTATE

PLANNING

The essence of estate planning is to pre-plan your affairs so that upon your death, the fruits of your lifetime of effort can pass to your intended beneficiaries with minimum inconvenience, taxes and cost.

OUR INSIGHTS

HERE ARE THE TOP 5 FINANCIAL BEST PRACTICES TO FOLLOW NOW December 19, 2019Articles , Financial Planning

, Investment

Planning

Helen Tran

We are already at the end of 2019 – are you ready for a brand new year? Here are five financial best practices to start your year on the right foot. Pick a few of them or take on the entire list. Either way, you’ll be that much further ahead for 2020. 1. Do nothing Seriously. If you…

Read More

THE IMPORTANCE OF WRITING A WILL December 12, 2019Articles

, Estate Planning

Helen Tran

Many of us have wondered why there’s more and more talk about the importance of writing a Will nowadays. There are good reasons for this which I will highlight in this article. For the picture to be complete, however, you will also need to consider how your CPF monies will be distributed as those are…

Read More

HOW TO MAKE THE STOCK MARKET WORK FOR YOU November 26, 2019Articles , Investment Planning

Helen Tran

Does what happen in the stock market every day make you happy or sad? If so, every year, you should be happiest on the 28th of October. Because 28th October is historically the best day of the year for stocks, with the S&P 500 Index rising 0.54% on average. It is also the best start date for…

Read More

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OUR MEDIA MENTIONS

As a retirement specialist with close to two decades in the financial industry, our CEO as well as Client Advisers are sought-after speakers and trainers. We are also often quoted in financial magazines and local press. Here are a few snippets of our media highlights. CHANNEL 8 HELLO! SINGAPORE | THE FEATURES OF SRS

2 December 2019

Watch this interview as Loh Yong Cheng, Client Adviser at Providend, shares more about the features of Supplementary Retirement Schemes (SRS) and whether you should contribute to it. FM 95.8 | THE ADVANTAGES & LIMITATION OF CPF

25 October 2019

Watch the interview here to learn more about the advantages and limitations of CPF as well as how it measures up against other countries’ pension schemes according to the Melbourne Global Mercer Pension Index 2019. The segment starts at 2:09:10 hour. CHANNEL 8 HELLO! SINGAPORE | SHOULD YOU INVEST IN SSB NOW?

16 September 2019

Watch this interview as Loh Yong Cheng, Client Adviser at Providend, shares his expert opinion on whether investors should still put their money in SSB and if Fixed Deposits would be a better option. CNA | MONEY MIND EPISODE 21: THE WINNING EDGE

26 August 2019

Watch this interview to learn more ways to finance a child’s overseas tertiary education other than insurance endowment plans. The segment starts at 7:40 seconds. FM 89.3 | MONEY AND ME: LET’S TALK PROPERTY INVESTING

13 August 2019

Watch the interview on property investing here as Christopher Tan suggests three main ways property owners can unlock equity for their

retirement needs.

All Media Mentions

WHY PROVIDEND?

We are ONE OF THE FIRST FEW FINANCIAL ADVISORY FIRMS to be licensed in

Singapore in 2003.

For nearly two decades, we were able to ride through the stock market volatility and have SURVIVED THE GLOBAL FINANCIAL CRISIS IN 2008. As a fee-only financial advisory firm, we have been RECOGNIZED BY THE BUSINESS TIMES FOR OUR ETHICAL PRACTICES

.

Our CEO was appointed by the Singapore Government to be PART OF THE CENTRAL PROVIDENT FUND (CPF) ADVISORY PANEL IN 2014. With our experience and expertise, we are OFTEN QUOTED IN MEDIA PUBLICATIONS AND INTERVIEWS ON FINANCIAL MATTERS.

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