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Laura Hoi

In Touch

A Monthly Curated Newsletter

As they dedicate their love and lives to their households and make constant sacrifices for their family’s & children’s well-being, mothers never retire. For all these, moms deserve more thoughts besides during Mother’s Day. But should mothers also think about planning their own retirement — financially speaking? In this issue, as we give tributes to all mothers, we would also like to give thoughts to a mother’s financial freedom. Mothers deserve a worry-free retirement as well.

4 Things Mothers in Singapore Should Do to Plan for Their Finances

A 2015 survey showed that 75% of Singaporean mothers surveyed had not even thought about retirement, let alone started planning for it. If you’re spending all your energy running after the kids or making sure they pay attention during tuition, here four things you should not forget to do for your finances.

 
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Mums, pay attention to finances

Financial experts advise that it makes sense for mothers (and just about anyone) to pay attention to their financial affairs. According to the US-based National Centre for Women and Retirement Research, nine out of 10 women will eventually have to manage their finances on their own at some point, due to circumstances ranging from leaving the workforce to care for a family member, to becoming divorced or finding themselves widowed.

 
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Adult Conversation | How She Saved $100,000 Before Turning 30 | Personal Finance

 
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I seek to reach out to people who believe in creating a safe financial environment for their loved ones. Let me know if I can be of help to someone you know or care about. We can make a difference to lives when it matters most. Cheers.
 
Laura Hoi
 
 
 
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Testimonials and Referral Notes

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Jeremy Koh. Senior Manager. ASM

I was first introduced to Laura by a close friend in 2021 when I shared with him that I needed some help on CPF planning for my retirement. When I first met Laura, I was impressed with her level of professionalism. She took the time to really understand my financial situation, my goals and my needs before recommending what I should do with regards to my query on my CPF monies. She is very clear and simple in her explanations and gave me a very clear overview and provided me with financial advice beyond what I had expected, and not just confined to retirement planning. Laura is not pushy in her approach and is sincere, knowledgeable and experienced. I am glad to have her to help me manage my portfolio and strongly recommend anyone who needs professional and trusted advice to meet up with her.

Carol Koh. Associate Lecturer & Swimming Coach. Republic Polytechnic

Laura is a childhood friend whom I had not caught up with in ages. When we first met up many years later, the feeling was so comfortable, even when I asked her for financial advice as a friend. As such, I decided that she would make a good financial advisor. She was very attentive and understood my needs. She is very knowledgeable in financial planning and gives sound advice. With Laura as my financial advisor, I know that I am in good hands! Thanks to Laura, I feel more assured of my retirement plans and I’m definitely more covered medically!

Chun-Chau. Director of Business Development. Saab

Laura has been our financial consultant more than 15 years, seeing us through the various stages of our lives and financial priorities. I recalled that she advised me on my personal insurance at the infant stage of my career, to advising me on family protection when I started my family and having kids, to looking at building an education portfolio to support my kids' education and now, looking at building my retirement funds. We are glad to have her watching over our entire financial and insurance portfolio including other products which are outside her portoflio. She is our "go-to" person for any financial matters including car and housing loans as well as home, car and travel insurance. Besides providing financial advisories, what I really like most is her personalised support. I recalled my daughter was hospitalised years back, she visited her, brought her a soft toy, find out how she was doing and even helped us make claims from an insurance company outside her portoflio. It has been an amazing journey with Laura. I would say that insurance and finance are very sensitive and personal matters. We need someone whom we can trust. We are glad that we have Laura as our trusted consultant, a closed friend of ours and a great auntie to my kids.

Chee Hok Yean. President Asia Pacific. HVS

Laura has been my financial consultant since 2002. She has provided very customised and holistic financial planning advice for me, especially in the area of retirement planning. I enjoy working with her because she makes sure she understands my situation and needs first before crafting a solution for me. Her explanations are clear and she provides options in different perspectives and is not pushy in her approach. I am glad to have found somebody I can trust to help me manage my financial planning portfolio.

Lilian Chang. NTUC Enterprise.

I have known Laura as a software vendor in 2004 when I was working in an IT firm. Laura has a truthful personality, and we became good friends very quickly. We continued to keep in touch even when both of us left our jobs. She became my financial consultant when she joined Prudential and helped me look into both my hubby and my portfolio to plan for my retirement. Kids were young then, and good financial planning was very important. With Laura's help, my family's investments and health protection plans were in good hands. Laura is helpful and goes the extra mile to explain and assess plans I have and helped me set milestones. Over the years, Laura has become a family friend. My children are now grown ups and Laura has started guiding them with their financial planning patiently. To me, she is not just a FC, she is already a friend whom I trust with my financial planning. Laura is a person whom you can go to and trust, as she has your interests in mind.

Yvonne Tan. Fitness Instructor

I first got to know Laura in 2022 when she came to me to embark on her fitness journey. As a Financial consultant, Laura is very sincere and has the ability to convey her recommendations in a very digestible, easy-to-understand format. Through her review session with me, she was able to 1. Give me a Birds Eye view of my overall financial position. 2. Identify the gaps that I was unaware of 3. Consolidate a clear summary and develop a comprehensive action plan. My experience with her has been enriching. She is knowledgeable and informative and most importantly, does not pressure me to make any decisions. I would strongly recommend her to meet anyone who needs a competent financial consultant who puts your needs first and lets you make your decision without pressure.