This is to inform that by clicking on the hyperlink, you will be leaving sc.com/ae and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/ae

Proceed to third party website

Don’t retire from the good things in life

Ae retirement savings zurich masthead

Don’t retire from the good things in life

Save with My Future Saver – saving & life insurance solutions

Stay on track to keep up the lifestyle you love. This simple savings policy gives you both protection and returns. Offered in partnership with Zurich International Life.


  • How much money do I need to retire?

    The amount of money needed for retirement will be different for everybody. While some people will want to travel and spoil their grandkids, others will not. The best rule of thumb is to add up expected retirement income – social security, pensions, distributions from individual retirement accounts, investments, etc. – and subtract all expected retirement expenses – housing, utilities, taxes, insurance, food, clothes, etc. – to see how much of this will be needed after retirement. The final answer, of course, will be based on anticipated life expectancy.

  • What happens to a retirement fund if I die before withdrawing the money?

    If you have named a beneficiary, the beneficiary will inherit the accounts. If you have not named a beneficiary, the accounts will become part of your estate.

  • What age is considered early retirement?

    Retirement before the age of 62 is usually considered early retirement. This would generally depend on the officially recognized retirement age in your country .

  • Is it possible to start retirement planning too early?

    No. It is never too early to start planning – and saving – for retirement. The sooner you begin to save for your retirement the better. Because of the power of compounding to grow a wisely invested portfolio, smaller amounts of money invested now will yield much bigger nest-eggs than larger amounts invested closer to retirement age.

  • Is a spouse automatically the beneficiary of a retirement account owned by the other spouse?

    Not necessarily. This would depend on the level of legacy and estate planning you have done. We would urge you to seek the appropriate financial advice from a trained and qualified wills and estate planning professional

  • What is the average cost of health insurance for a retiree?

    Retirees under the age of 65 could pay as much as $6,000 to $7,000 per year for health insurance. The amount will vary based on a number of factors, such as the place the retiree lives in, whether or not there are any pre-existing conditions, and if an employer-based health plan is covering any of the cost.

  • How much of my retirement account should be liquid cash?

    You never want to be fully-vested in equities or long-term bonds. It’s a good idea to have free cash in to take advantage of market downturns. Smart investors commonly have 25% or more of their portfolio in cash. Many retirement accounts offer money market funds that can hold this cash temporarily and earn enough interest to offset inflation.

  • Can my spouse and I both contribute to the same retirement account?

    Yes, do you not need to each establish a separate account.

  • How old do I have to be to apply for this policy?

    The policy owner must be aged between 18 to 74 years to apply for this policy.

  • What is the minimum premium amount that can be paid per month?

    USD 750, GBP 500 GBP or EUR 600

  • Do I have to pay my premiums every month?

    Premiums can be paid monthly, quarterly, half yearly or yearly.

Important Notes


Standard Chartered Bank does not offer insurance advice, nor does it underwrite or issue insurance policies. Insurance products are underwritten by third party insurance providers. An early termination of the policy usually involves surrender charges . In some instances the returns you may receive could be less that the premiums you have contributed . Standard Chartered Bank shall not be responsible for insurance provider’s actions or decisions, nor shall Standard Chartered Bank be liable regarding payment of claims or services under the policy/insurance contract or in any manner whatsoever regarding your application or the contract of insurance.

The contents of this webpage do not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. This webpage is being distributed for general information only and it does not constitute an offer, recommendation, solicitation to enter into any transaction. If there is any discrepancy between the information contained in the above and the Terms of the policy, the Terms of the policy shall prevail.