Allianz Malaysia Berhad has unveiled the Life Planner calculator on its MyAllianz platform, a digital tool designed to simplify financial planning for Malaysians. This initiative addresses the increasing need for financial clarity, particularly in areas like retirement planning and financial protection for dependants.
Recent statistics reveal that only 41% of Employees Provident Fund members have reached the basic savings benchmark, with just over 10% on track for a comfortable retirement. This underscores the necessity for accessible financial tools. Allianz Malaysia’s CEO, Sean Wang, emphasised the company’s commitment to empowering Malaysians with financial confidence, stating, “The Life Planner is designed to make that first step easier.”
The Life Planner offers two main tools: the Retirement Calculator, which assesses retirement goal progress and potential savings gaps, and the Life Value Calculator, which evaluates the financial impact on dependants in case of income loss. These tools provide a comprehensive view of financial readiness by considering EPF savings, investments, and other assets.
Unlike traditional calculators, the Life Planner offers an integrated experience, allowing users to store results securely and connect with insurance advisers without any initial commitment. To promote the tool, Allianz Malaysia has launched the ‘Allianz Plan & Win’ campaign, running until 7 June 2026, offering participants a chance to win prizes such as Dyson products and RM200 Touch ‘n Go credits. For more information, visit the MyAllianz portal.
