CPF interest coming tonight

[Misuta]

Currently in my 20s.

My game plan. Every month invest my incoming OA funds into a broad based equity index. Might pause or liquidate a portion if going to purchase a property in the future.

After 55, withdraw excess of FRS. Slowly drawdown on my OA investment portfolio.

 

[DragonFire]

If you join CPF life with 1.5 mil, monthly payout is $7,840 (standard plan/male) at 65.
If starts payout at 70, join CPF Life with 1.3 mil , payout is $7,440 (male, standard plan)

So, the member can continue to top up to prevailing ERS each year.
The compounding interest is tok kong

You can play around with the CPF calculator
https://www.cpf.gov.sg/payoutestimator

It is worth noting ERS is just a number, and the system remembers how much you paid in former years. The RA is separate from ERS, even though ERS is used as the benchmark for its creation.

Every year you can add the difference between last year’s ERS and this years ERS to your RA, even if the RA has exceeded the ERS for the year.

It’s something like how you can top up SA to FRS before 55, but cannot add more other than through interest and salary.

 

[Thoreldan]

It is a way to fatten the OA with cash to earn a solid 2.5% almost risk free. Bear in mind OA can be withdrawn at will at that point since the member will have FRS at bare mininum.

Injecting cash:
- VHR. Earns 2.5%
- Shield SA and move to OA. Earns 2.5% instead of 4%
- top up RA up to prevailing FRS or ERS every year

Thanks for the quick reply, you 2 very knowledgeable

 

[Thoreldan]

Currently in my 20s.

My game plan. Every month invest my incoming OA funds into a broad based equity index. Might pause or liquidate a portion if going to purchase a property in the future.

After 55, withdraw excess of FRS. Slowly drawdown on my OA investment portfolio.

Something for you to think. What if it's a bearish market and you're having a big drawdown when you're about to pay for your property.

 

[AngMohKia]

few more years till 55 for me. got 500k across ma/sa/oa. target $18k interest. we shall see Friday. got about 250k in funds/shares/bonds as well so going as planned. total return 30k pa


Read HWZ Forum Rules!

 

[inmyopinion]

It is worth noting ERS is just a number, and the system remembers how much you paid in former years. The RA is separate from ERS, even though ERS is used as the benchmark for its creation.

Not sure what you meant.

What I am saying is that the member can top up to prevailing ERS of each year to maximize the compounding interest. As mentioned in many other threads, below 55 is different from above 55.

Below 55:
Once you are above FRS, cannot top up. Only increase through employment contribution

After 55:
You can top up your RA to prevailing ERS for each year. Interest not counted.
ERS 2026 = 440,800 (can top up 14.8K)
ERS 2027 = 456,400 (can top up 15.6K)
https://forums.hardwarezone.com.sg/threads/cpf-interest-coming-tonight.6438635/post-158169472

And i have shared that topping up ERS is optional.
And topping up to ERS - no tax relief. Which the compounding interest is more powerful.
Up to individuals on how much he/she wants for monthly retirement payout

In another thread, i shared that I will go for ERS. Then my monthly payout from 65-70 is fixed for as long as i live. Put this one side.

Whatever i have in my OA, i will spend accordingly.

 

[Misuta]

Something for you to think. What if it's a bearish market and you're having a big drawdown when you're about to pay for your property.

For a major decision like buying a property, it will take me months or even years to decide. I will pause my investment in the meantime.

Moreover I'm very likely to purchase a HDB, which has a lower down payment. If I'm going for a BTO, if takes years to build and down payment will be split with partner. Not to mention the 20k buffer in OA before you can invest. In my calculation, the risk of needing a big drawdown to fund for down payment is pretty low.

 

[fandango]

Tomorrow do we post screenshot or copy paste text?

 

[compro_1975]

My wife.

Tomorrow cant post screenshot of the new balance n interest? Your wife really annoying role model. Given she is 50 only is remarkable

 

[compro_1975]

Tomorrow do we post screenshot or copy paste text?

Screenshot with interest of cos

 

[mcylo]

Tomorrow do we post screenshot or copy paste text?

screenshot lah. But dont screenshot your wife's ho, later ppl look down on u

 

[snowcrabramyeon]

If you join CPF life with 1.5 mil, monthly payout is $7,840 (standard plan/male) at 65.
If starts payout at 70, join CPF Life with 1.3 mil , payout is $7,440 (male, standard plan)

So, the member can continue to top up to prevailing ERS each year.
The compounding interest is tok kong

You can play around with the CPF calculator
https://www.cpf.gov.sg/payoutestimator

But if you are the cohort who is 70yo at 2025, it is IMPOSSIBLE to join CPF Life with 1.5 million. This is because even if you keep topping up to the prevailing ERS all the way from 55 years old (at year 2010), you WILL NOT get 1.5 million in CPF Life. So it is mathematically IMPOSSIBLE.

 

[snowcrabramyeon]

Probably not 2025 but 2045 or 2055.
These are the fellows making plans.

If it is 20/30 years later, it is possible, assuming the prevailing ERS grows at 3%-3.5% per year.

 

[compro_1975]

Not sure what you meant.

What I am saying is that the member can top up to prevailing ERS of each year to maximize the compounding interest. As mentioned in many other threads, below 55 is different from above 55.

Below 55:
Once you are above FRS, cannot top up. Only increase through employment contribution

After 55:
You can top up your RA to prevailing ERS for each year. Interest not counted.
ERS 2026 = 440,800 (can top up 14.8K)
ERS 2027 = 456,400 (can top up 15.6K)
https://forums.hardwarezone.com.sg/threads/cpf-interest-coming-tonight.6438635/post-158169472

And i have shared that topping up ERS is optional.
And topping up to ERS - no tax relief. Which the compounding interest is more powerful.
Up to individuals on how much he/she wants for monthly retirement payout

In another thread, i shared that I will go for ERS. Then my monthly payout from 65-70 is fixed for as long as i live. Put this one side.

Whatever i have in my OA, i will spend accordingly.

Your wife million dollar is pure contribution from employment of got investment gains?

 

[fandango]

screenshot lah. But dont screenshot your wife's ho, later ppl look down on u

Wives richer than all of us.

 

[lovemyself123]

Not sure what you meant.

What I am saying is that the member can top up to prevailing ERS of each year to maximize the compounding interest. As mentioned in many other threads, below 55 is different from above 55.

Below 55:
Once you are above FRS, cannot top up. Only increase through employment contribution

After 55:
You can top up your RA to prevailing ERS for each year. Interest not counted.
ERS 2026 = 440,800 (can top up 14.8K)
ERS 2027 = 456,400 (can top up 15.6K)
https://forums.hardwarezone.com.sg/threads/cpf-interest-coming-tonight.6438635/post-158169472

And i have shared that topping up ERS is optional.
And topping up to ERS - no tax relief. Which the compounding interest is more powerful.
Up to individuals on how much he/she wants for monthly retirement payout

In another thread, i shared that I will go for ERS. Then my monthly payout from 65-70 is fixed for as long as i live. Put this one side.

Whatever i have in my OA, i will spend accordingly.

Bro can i ask some noob questions

after 55, i thought the govt will wipe out all the RA to CPF life for monthly payout? How come can still have 441k in RA ?

 

[wulu1_69]

Anyone received cpf interest already?

 

[highsulphur]

Anyone received cpf interest already?

how is it possible to receive it now?

deluxe CPF member account?

 

[snowcrabramyeon]

Anyone received cpf interest already?

Won't be today. Tomorrow then can see.

 

[peterchan75]

Won't be today. Tomorrow then can see.

Tomorrow 1st Jan 2026 is public holiday. Can only see on 2nd Jan 2026 provided that there is no scheduled system maintenance.