iWealth Basic Tutorial

Here you will find some guides that teach you how to use iWealth Basic. Check back often for updated content!

iWealth Basic Tutorial #2

What are the strategies would iWealth Basic recommend?

What are the type of personalised strategies that iWealth Basic would recommend?

We have established that iWealth Basic will help you learn if your wealth is growing fast enough to achieve all your financial goals in the previous section.

However, the benefits of using iWealth Basic don't just stop there. You will be given the tools and means to accelerate the growth of your wealth.

If your wealth is not growing fast enough (meaning your wealth only last before age 85), iWealth Basic would suggest the following strategies to help you grow your wealth faster to achieve your financial goals:

  1. Increase your investment return
  2. Reduce retirement expenses
  3. Reduce current expenses to increase your savings
  4. Delete or reduce some of financial goals
  5. Reduce your children's tertiary education funding amount (if any)
  6. Increase your retirement age

For every single change or changes that you make, iWealth Basic would show you an updated Roadmap to Financial Freedom.

Therefore, you can choose to change one or some of the strategies that iWealth Basic has recommended. The objective is to find the right combination of strategies that would enable your wealth to grow and last until age 85 or beyond. Or, you can try different combinations until you get your most optimal version. That is what we call your Optimum Roadmap to Financial Freedom.

Based on your personalised Optimum Roadmap to Financial Freedom, iWealth Basic would tell you the exact savings amount and return of investment that you would require in order to achieve financial freedom. You would then have the choice to act on these recommendations on your own and see yourself closer to achieving financial freedom.

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