CPF interest coming tonight

[CheapColaCo]

how u know its fake de

he dunno anything lah

don't like what people show, then just declare it as fake

you just watch, sure got no proof one

 

[tmkedmw]

wow....that is very good. Im 59, my RA is $492.7K. I will put in $14.8K in RA this month (due increase in ERS). Still my projected payout at 65 is only around $3.2K monthly..... I planning for a monthly payout of $4.2K at 65 but impossible to achieve.

Need about 600k to hit $4k monthly, I think.
Deferring to 70 (instead of 65) will increase the payout.

Cash top-up of RA earn interest the following month.
Only OA to RA is same month.

 

[inmyopinion]

No plan to switch
Considering yearly topup to new ers limit

Impressed that u knew RSS can last till 90 (years)
Was 95 but govt reduced to 90 few years back

Majority of members feedback that they need higher payout vs 95 which they have less payout but last longer , which the may not live to enjoy it.

They want to enjoy more payout when they r younger.

 

[Multiversal]

Plenty edmwers said Malaysians PRs have the better life that Singaporeans, if not the best. If they are not hypocritical, it's only natural they should convert to Malaysian to enjoy those "perks". I agree with you I heard such things in edmw thousands of time but yet to hear any of them eventually married a Malaysian girl or converted themselves to Malaysian..

I totally agreed with you, it's not realistic to retire to Malaysia after 65, where many will need lots of medical attentions. The better period could be 53-63 years old before those medical treatments kick in ...

Age between 53 and 63

Well, a lot of us are still working at those ages.

Some of them might have FIRED (Financial Independence, Early Retirement). They might drive GRAB to go on life's slower lane yet have some income and importantly, a sense of purpose for maintaining their mental health. Staying at home doing nothing is a race to cognitive decline. Staying in a remote kampung in Malaysia is way cheaper...can plant vegetables and grow jagung, rear chicken...but that's the even faster lane to cognitive decline....eventual dementia.

So, at age 53-63, if they can FIRE, then whenever they feel like it, they'd go for a vacation somewhere in the world that is not at war. Japan might be an option if they like the winter that we don't have here. Taiwan is a bit of a risk as nobody knows what PRC is up to. So it's not for the faint of heart. Trips to Holy Land is a dance with the angel of death.

I digressed a little....back to the main point...

If one is retired at 53-63, one has choices like being at more interesting places than JB. It's punishment to be there 365 days a year when one could spend his time elsewhere. Or is the jiuhu chicken kut teh that good?

 

[mgx-alander]

moi interest only 11k alot of cpf rich edmwers here

 

[Kitaro9202]

Mine 5k interest nia

 

[dgeralds]

Need about 600k to hit $4k monthly, I think.
Deferring to 70 (instead of 65) will increase the payout.

Cash top-up of RA earn interest the following month.
Only OA to RA is same month.

System does not allow me to top-up to 600K. I want payout starting 65. So I decided to VHR and get 2.5% and at the same time keep it liquid.

 

[orwell76]

Majority of members feedback that they need higher payout vs 95 which they have less payout but last longer , which the may not live to enjoy it.

They want to enjoy more payout when they r younger.

CPF life is design in such a way so that 2/3 members forfeit their interest to the common pool

 

[vangug]

moi interest only 11k alot of cpf rich edmwers here

ur cpf also not simple... you should be more than 10yrs younger than me but your cpf interest same as mine lol...

 

[Multiversal]

how u know its fake de

You know the percentages for OA, SA and MA?

 

[coyote]

Age between 53 and 63

Well, a lot of us are still working at those ages.

Some of them might have FIRED (Financial Independence, Early Retirement). They might drive GRAB to go on life's slower lane yet have some income and importantly, a sense of purpose for maintaining their mental health. Staying at home doing nothing is a race to cognitive decline. Staying in a remote kampung in Malaysia is way cheaper...can plant vegetables and grow jagung, rear chicken...but that's the even faster lane to cognitive decline....eventual dementia.

So, at age 53-63, if they can FIRE, then whenever they feel like it, they'd go for a vacation somewhere in the world that is not at war. Japan might be an option if they like the winter that we don't have here. Taiwan is a bit of a risk as nobody knows what PRC is up to. So it's not for the faint of heart. Trips to Holy Land is a dance with the angel of death.

I digressed a little....back to the main point...

If one is retired at 53-63, one has choices like being at more interesting places than JB. It's punishment to be there 365 days a year when one could spend his time elsewhere. Or is the jiuhu chicken kut teh that good?

Exactly. If one can safely fire at 53, means you have sufficient money to retire in Singapore. Would you still chose to retire in JB, I'll say it's optional. Depends whether you really want to go through the trouble to save some money.

It's totally not realistic to retire to Malaysia at 65 where many already have lots of medical conditions from 55...just that they are still mobile. Beyond 65 likely need to go to hospitals from time to time and much lower energy to move around...

 

[inmyopinion]

based on 426k (prevailing ERS in 2025) at 55yo, it will compound to 628,600 at 65yo. and the resulting CPF life monthly payout is 3,330.

this is the max possible for CPF LIFE right?
then how come in the earlier comment you are talking about joining CPF life at 1.5mil and monthly payout 7,840? how to get monthly payout 7,840?

btw im asking to learn from all the shifu here and plan for my retirement

you can continue to top up ERS every year.

CPF has the estimator payout which shows the numbers 1.5 mil - payout $7,840

If you want to learn the kungfu, u need to attend the course by the shifu.

* disclaimer: I m not advertising for them


you can also watch this YouTube. I didn’t watch

 

[chopra]

Been 10hrs. Still not inside
Hope i didn’t press anything wrongly


Fr DBS: Successful PayNow: S$3500.00 from ….. to CPF VOLUNTARY CONTRIBUTIONS (UEN ending ECVC), 01 Jan 08:50 SGT. If unauthorised, call DBS hotline.

 

[twinbaby]

My humble CPF balance at age 37 as of today:

CPF-OA	$52,317.42​
CPF-SA	$232,382.37​
Medisave	$75000​
CPF-OA-Invest (this in ETF)	$22385.84​
CPF Total	$382085.63​

 

[compro_1975]

CPF life is design in such a way so that 2/3 members forfeit their interest to the common pool

Correct, that's why I rather not be greed and live off others... my money i wanna taste it.. neither I plan to let others taste my money too

 

[coyote]

My humble CPF balance at age 37 as of today:

CPF-OA	$52,317.42​
CPF-SA	$232,382.37​
Medisave	$75000​
CPF-OA-Invest (this in ETF)	$22385.84​
CPF Total	$382085.63​

Really all so super rich!!!

 

[Multiversal]

Exactly. If one can safely fire at 53, means you have sufficient money to retire in Singapore. Would you still chose to retire in JB, I'll say it's optional. Depends whether you really want to go through the trouble to save a some money.

It's totally not realistic to retire to Malaysia at 65 where many already have lots of medical conditions from 55...just that they are still mobile. Beyond 65 likely need to go to hospitals from time to time and much lower energy to move around...

There is also what in healthcare is called "psychosocial needs".

Retiring at an advanced age in life at an unfamiliar place will cause one to be overwhelmed by the sense of isolation and extreme loneliness. It will cause mental health issues that aggravate physical issues in health because of the difficulty in adjusting to a new environment and way of life, where Malay is still needed while most Singaporeans of Chinese stock are not fluent in the language.

A lot of people think they know KSL, City Square, Sutera Mall. Wow! They know JB already! They can go there and jiak! Cheap!

Rather simplistic.

At age 65 onwards, do we really still like going to malls to look at dresses and try wearing them at changing rooms (for women) or what nots (for men)?

 

[bruiser69]

you can continue to top up ERS every year.

CPF has the estimator payout which shows the numbers 1.5 mil - payout $7,840

If you want to learn the kungfu, u need to attend the course by the shifu.

* disclaimer: I m not advertising for them


you can also watch this YouTube. I didn’t watch

I thought strictly no advertisements? Why are you posting their YouTube videos and advertising for them?

This guy is just a slick salesman selling everything from balding hair cream, TCM koyok, expensive durians, longans, lychees, gold and now courses to milk your SkillsFuture monies. Unethical with no morals but still enterprising

 

[inmyopinion]

based on 426k (prevailing ERS in 2025) at 55yo, it will compound to 628,600 at 65yo. and the resulting CPF life monthly payout is 3,330.

this is the max possible for CPF LIFE right?
then how come in the earlier comment you are talking about joining CPF life at 1.5mil and monthly payout 7,840? how to get monthly payout 7,840?

btw im asking to learn from all the shifu here and plan for my retirement

you can continue to top up ERS every year.

CPF has the estimator payout which shows the numbers 1.5 mil - payout $7,840

If you want to learn the kungfu, u need to attend the course by the shifu.

* disclaimer: I m not advertising for them


you can also watch this YouTube. I didn’t watch

 

[coyote]

There is also what in healthcare is called "psychosocial needs".

Retiring at an advanced age in life at an unfamiliar place will cause one to be overwhelmed by the sense of isolation and extreme loneliness. It will cause mental health issues that aggravate physical issues in health because of the difficulty in adjusting to a new environment and way of life, where Malay is still needed while most Singaporeans of Chinese stock are not fluent in the language.

A lot of people think they know KSL, City Square, Sutera Mall. Wow! They know JB already! They can go there and jiak! Cheap!

Rather simplistic.

At age 65 onwards, do we really still like going to malls to look at dresses and try wearing them at changing rooms (for women) or what nots (for men)?

Don't need 65, I am below 55 still and I already have zero interest going to malls, regardless in Singapore or Malaysia. So I'll most likely retire in Singapore.

I already have shopee Singapore, shopee Malaysia, Pinduoduo helped mitigated quite some of my expenses...only very few things I can't get from those platforms, I will go JB.