MICHAEL FOO & ASHLEY GOH
Michael Foo
Financial Consultant with over 11 years of experience, providing tailored solutions to clients on their specific needs, covering areas such as insurance, retirement and estate planning.
Currently an Premier Financial Consultant at Legacy FA, my goal is to build a team of professional consultants to help bring significant value to the market place by addressing major concern such as retirement planning and estate planning.
I came from a humble family background and looking back at my family, we always tried to cut cost and save every penny we had. Having been through this phase during my childhood, I am grateful that I have learnt the importance of having solid foundation in finance, as well as in personal value. Being in this career empowers me to share my experience and help individuals achieve their financial goals.
The part of my career that I enjoy the most is having real conversations with my clients, talking about their journeys as well as their dreams and aspirations.
I would love to hear your stories and if you want to take part in my journey to bring value to the market place, do connect with me.
“If you are born poor it’s not your mistake, but if you die poor it’s your mistake.”
Bill Gates
Services
Wealth Protection
Aside from the 3 certainties in life – Death, Taxes and Change, life can be pretty unpredictable; you never know what happens tomorrow. Using proper risk financial management tools like insurance can help provide better certainty in your life.
Retirement Planning
As our standard of lifestyle improves, retirement or financial security seems to be further and hazier. Because of the quick pace of rising expenses and inflation, growing your savings and assets should be a priority if you wish to have a brighter and nearer retirement.
Estate Planning
In today context, many will have an estate when they leave behind their love ones. Ensuring your love ones receive their fair share of your estate is your duty while you still can make the decision. Although each individual situation changes, having a plan is still better than no plan.
Testimonials
Andrew Lian
Director – AllExpriential Pte. Ltd.
" Michael has helped me manage my personal financial planning; as well as providing advice for my business insurances over the last few years. He is a patient and trustworthy professional who is able to help be see my financial reality and provide sound advice based on my needs."
Prema
Deputy Director – Ministry of Law
" Michael has been very helpful in helping me to plan for my retirement. He has introduced me to SRS and other investments which I was not aware of before. He is also very patient in answering my questions."
Siddharth Ganesh
Trader – Bakrie Petroleum International Pte Ltd
" My dealings with Michael have been professional, friendly and punctual. He helped me review my portfolio and highlight some of the key gaps such as disability income, as well as estate planning which I find extremely useful. Michael also takes initiative in sharing with me new insurance and investment idea."
Nigel Foo
Fund Manager – First State Investment
" Michael is a very knowledgeable professional who has helped me and my family plan for our insurance needs over the years. More importantly, his after sales service has been exemplary. He is very prompt in helping us file out claims, which resulted in our claims being successfully processed over a short period of time. I would strongly recommend Michael should you require a review of your insurance needs."
Arjun Soni
Global Liquidity Management – Deutsche Bank
" I consulted Michael for retirement planning and found him to be competent and helpful. His patience and cheerful disposition helps him deal with busy working adults. His detailed explanations make it easier to understand the complexities of financial planning. It has been a pleasure working with him."
Dr Tarun Mirpuri
Radiologist – Sengkang Hospital
" Michael is very attentive and meticulous with his clients, me included. He is always quick to respond, and has much knowledge of the best ways to invest and secure your money for the future."
Common Questions
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When can I retire?In my dealings with the people I met, many do not wish to retire but they want to do work that brings them joy and fulfillment or to stay productive yet have more time with family. I am sure you can agree with me on this. Having a choice to do the work you love and slowdown the pace is a luxury to many. This luxury comes with a proper planning process to ensure you have sufficient funds to take care of the basic needs. This planning process is a very personal one. We all have our own personal interest, goals and dream. If you are keen to know when you can enjoy this luxury, do contact me, we can have a discussion together.
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Am I sufficiently covered for insurance?Many have asked me this question. Unfortunately, most of the time the answer is “No”. The response is a reflection that many still have not properly plan out their insurance portfolio. The calculation method used to determine the coverage is a very simple one. Look at the expenses you incur, period to cover and inflation plus liabilities minus assets to derive the sum assured. This will give you a personal number that only applies to you, and only after you are covered for this amount, you are considered sufficiently covered.
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I am still young, why do I need estate planning?"Estate planning is the process of managing the distribution of person's assets during the person's life and after death. Many will feel that they do not have much assets when they are young. However, when you sum up your insurance sum assured, investment, CPF and your savings, the amount could add up to a sizable amount. Nobody knows exactly what will happen tomorrow, so while you still have the ability to decide how you want your assets to be managed, do it soon.
Contact Me
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