He was told borrowing could boost his retirement - instead it wiped out his peace of mind.
A real-life Singapore case shows how a retiree lost a large portion of his savings after taking loans to buy complex insurance-linked investments.
In this episode, we unpack why borrowing to invest is especially dangerous once your paycheque stops.
We break down the red flags hidden in structured products, leverage, and “projected returns” that sound reassuring but aren’t guaranteed.
You’ll learn what questions retirees - and their adult children - must ask before signing anything involving debt.
Hosted by Michelle Martin, this Money and Me episode helps you protect retirement capital by understanding what not to do before it’s too late.
See omnystudio.com/listener for privacy information.
Your Money with Michelle Martin