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Is it possible to make CPF as a 2nd source of passive (income) after age 55....

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Old 16-05-2019, 01:16 AM   #166
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Thanks man. This CPF really many patterns to study. It can be offered as a degree study with multiple specialization streams.
Once you fully understand how all the pattern work..you can write a thesis for your master-degree.
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Old 16-05-2019, 08:11 AM   #167
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Once you fully understand how all the pattern work..you can write a thesis for your master-degree.
No I would rather write a book and market it, if there is a good demand
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Old 16-05-2019, 08:58 AM   #168
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Like it or not, many civil servants are working behind the cpf various schemes.
Wonder how many scholars and ex-general.

Not to include front-end staff huh.
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Old 16-05-2019, 09:15 AM   #169
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Like it or not, many civil servants are working behind the cpf various schemes.
Wonder how many scholars and ex-general.

Not to include front-end staff huh.
I Guess the front-end Staff are getting most of the flak.
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Old 16-05-2019, 10:13 AM   #170
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No I would rather write a book and market it, if there is a good demand
Not a good idea as your book will get outdated very fast. Unless you have plan to release 2nd, 3rd, 4th... edition every one or two years.
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Old 16-05-2019, 10:18 AM   #171
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Thanks man. This CPF really many patterns to study. It can be offered as a degree study with multiple specialization streams.
I have to admit that I have never ever get to fully understand all the patterns. Reading some of the posting and comment on this forum sometime make me even more confuse. May be I need a PhD to understand all the patterns.
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Old 16-05-2019, 10:42 AM   #172
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if i top up till ers then before 65 decided i only wn frs leh?
You can't go back to FRS directly. You may be able to go around it by opting for BRS and then topping back up to FRS after that. No idea if that will work and how that will work. Generally, opting for BRS at any point of time is a bad idea anyway so it's not something I've looked much into.

Thanks man. This CPF really many patterns to study. It can be offered as a degree study with multiple specialization streams.
I have to admit that I have never ever get to fully understand all the patterns. Reading some of the posting and comment on this forum sometime make me even more confuse. May be I need a PhD to understand all the patterns.
Most people will do fine sticking with the defaults. The only extras worth doing is SA topups, SA shielding and RA top up to ERS. Trying to do anything else is not something I would recommend, so there really isn't that much of a need to study the whole thing.

Last edited by tangent314; 16-05-2019 at 11:20 AM..
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Old 16-05-2019, 11:06 AM   #173
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Oh no, I start thinking about NOL, SPH, SMRT, ...

Like it or not, many civil servants are working behind the cpf various schemes.
Wonder how many scholars and ex-general.

Not to include front-end staff huh.
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Old 16-05-2019, 02:15 PM   #174
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if i top up till ers then before 65 decided i only wn frs leh?
You can consider to top up after your first payout to ERS also, this top-up will not be subjected to LIF premium.
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Old 16-05-2019, 09:57 PM   #175
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Most people will do fine sticking with the defaults. The only extras worth doing is SA topups, SA shielding and RA top up to ERS. Trying to do anything else is not something I would recommend, so there really isn't that much of a need to study the whole thing.
Thanks man. U got a point there. Should focus on the 3 important points u mentioned above.
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Old 16-05-2019, 10:37 PM   #176
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What are the benefits for RA top up to ERS besides getting higher monthly payout?
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Old 16-05-2019, 11:16 PM   #177
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What are the benefits for RA top up to ERS besides getting higher monthly payout?
Nothing, except higher monthly payout,but I can tell you the bad about ERS, you risk losing higher amount to the LIF funds if you pass on at the wrong age
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Old 16-05-2019, 11:42 PM   #178
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Nothing, except higher monthly payout,but I can tell you the bad about ERS, you risk losing higher amount to the LIF funds if you pass on at the wrong age
Show numbers to support why you think ERS is bad compare to FRS, if not BRS
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Old 17-05-2019, 12:20 AM   #179
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What are the benefits for RA top up to ERS besides getting higher monthly payout?
While not perfect, CPF Life is the best annuity plan available, and annuity plans are the best way to ensure a lifelong income while keeping premium low, so it makes sense to maximize the utilization.
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Old 17-05-2019, 05:00 AM   #180
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While not perfect, CPF Life is the best annuity plan available, and annuity plans are the best way to ensure a lifelong income while keeping premium low, so it makes sense to maximize the utilization.
Best plan doesn't mean all would go for, unless forced to. Neither does cheap plan attracts all to buy.
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