Another CPF supporter

[V_for_Vanilla]

Colleague is >55yo and she projected her payout to be $2+k
She said the CPF system is very good and she doesn't understand why are there so many naysayers
She does top up but never said how often she does it

She's confident gahmen would never change the policy or extend the withdrawal age for fear of citizens changing votes

Anyway she doesn't have much savings, but she felt happy upon looking at her CPF

View attachment 44368


I'm surprised she is savvy about CPF
She felt shiok every end of the year to receive the interests

But don't think she's an edmwer

Oh she mentioned the new cap limit of MA is $71500

Key point there is she does not have much savings. Therefore CPF is a natural fit for people like her.

 

[Iyarash11]

Key point there is she does not have much savings. Therefore CPF is a natural fit for people like her.

she sexpect payout $2k+ means got money to topup till ERS, above average liao

 

[Platinumstartvf]

wow this chart is totally misleading........

 

[ramlee]

Younger folks’s HDB is not that cheap like hers…. As they likely use a lot CPF saving for housing…and that is why they KPKB…

But their pay ish so much higher

 

[Shawny88]

I should have 1M in OA/SA combined when I hit 55 in about 13 years time.

Can retire bo?

 

[ramlee]

I should have 1M in OA/SA combined when I hit 55 in about 13 years time.

Can retire bo?

Can le. You will be an atb magnet

 

[JAson1980]

wow this chart is totally misleading........

yes, especially when CPF don't work this way

 

[mp4005 help]

I should have 1M in OA/SA combined when I hit 55 in about 13 years time.
Can retire bo?

can withdraw $900k . brs pledge property.

shiok. tax free.


Read HWZ Forum Rules!

 

[lifeafter41]

I also worry about the jab. Because I experienced shyt on my very first P jab. In the end, I settled for Sino for my 2nd and 3rd.

On the child thing, no right or wrong one. As long as you find that you live your life meaningfully, that's most important. But hor, don't say too early. There's always something call accident . Dakota Breeze and Pine Vista fengshui very good for breeding hor. There are so many newborns in these 2 years. I know because Im in those parent groups.

Moi not going for any booster jab liao.
After 3P, pain at left side, near heart area………moi scare scare liao……..

 

[MoeLanYong]

Moi also like our CPF system.

Thats the only thing keeping me from collecting card boards when old

 

[Travis_Touchdown]

But @woonwoonjiakbeehoon 4%
Those >8% have high risk

the biggest risk ish whether can live to see the $...

 

[crimsontactics]

I should have 1M in OA/SA combined when I hit 55 in about 13 years time.

Can retire bo?

Wah shag, I can only hit $1m in my SA at 65...

 

[1982-1994]

Why tag moi?

Because you top up SA when you were just 22 or so

 

[crimsontactics]

Because you top up SA when you were just 22 or so

That was a long time ago...

 

[inmyopinion]

I should have 1M in OA/SA combined when I hit 55 in about 13 years time.

Can retire bo?

What will be the min sum & BHS in 13 yrs time?

 

[1982-1994]

Wah shag, I can only hit $1m in my SA at 65...

You deserve a knock on your head
My combined cash and CPF (including RA) can only hit $1m at 65

 

[1982-1994]

What will be the min sum & BHS in 13 yrs time?

I think FRS by 2037 (since 2024 is coming soon) is $323700, average 3.542% increase yearly
BHS assuming yearly add $3k, $107500

 

[Platinumstartvf]

yes, especially when CPF don't work this way

the financially illiterate will be in awe upon seeing the chart.... despite doesn't understand it at all lol......

 

[jumpthepig]

Wah shag, I can only hit $1m in my SA at 65...

Well done.. you will be one of the 10.756% ($500,000 & above )


https://blog.seedly.sg/cpf-account-balance-savings-comparison-age-groups/

 

[jumpthepig]

Whenever I felt down, I will log in to my CPF.
I feel leech when I see my CPF.
In fact I just did it again on Sunday 10 Dec.
Now I can't wait for my $12k++ interest to be credited at 23:59 31Dec2023.

Spoiler

One of my friend ....CPF millionaire... above $40k of interest...