during the course of this week, i was reminded by one of my colleagues to submit my entry for a contest run by the friendly folks at the cpf board.
since i have the time toady, i have just submitted my 2 cents' worth because the closing date for submissions is september 25, 2011 at 2359hours.
here's my entry:
since time immemorial, the quest to discover the elixir of beauty has been recorded in the annals of history. i guess i want it too. but more than that, i want the elixir to good health as well.
why?
because in modern times, healthcare costs can cost more than an arm and a leg. i remember this very vividly when i recall the news article on dr stanley ho who suffered a stroke iin july 2009 and was hospitalised for more than 200 days in a private hospital. when he was subsequently discharged, his bills came to more than HK$200 million.
as a financial planner, my mission is to covert skeptics to financial planning. and fundamentally,the journey to financial independence begins with wealth protection planning. an excellent start here is to plan to hedge (current and future) healthcare costs. because of rapid advancements in medical science, early diagnosis can save many lives but because healthcare costs tend to rise the fastest, gone are the days of benign medical bills.
it is said that there are 2 certainties in life being death and taxes. i would like to issue a reminder of a third and that is, there is no guarantee of continual good health and should a humongous medical bill be staring u in your face, are u ready for it?
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