Post-Retirement Hospitalization and Surgical (Shield Plan) Insurance

This is a follow-up to my recent article:
http://www.waynekoh.com/2008/03/hospitalization-and-surgical-shield.html

After some "numbers crunching", I have got the figures plotted on a graph. The basic idea is to project a certain sum of money required to fund the Post-Retirement Hospitalization and Surgical (Shield Plan) Insurance cost. And the focus is on the cash portion only, i.e Plan rider and the portion beyond the current annual withdrawal of S$800.











(Click on image to enlarge)

Using an example of John, 35-year-old; the projected "6585" cost (excluding Medisave) is about S$115,000 when John turns 65 in 30 years' time .
To get S$115,000 at age 65, John needs to invest about $90 per month into a "Drip in new money" portfolio that generates 8% p.a (taking into account sales charges of 2.5% max).
This $90 per month may also be part of John's SRS plan to benefit from the deferred tax incentive system. See http://www.waynekoh.com/search/label/Supplementary%20Retirement%20Scheme%28SRS%29