CPF SA

[The_Davis]

I no need investment Till end of 2019, interest on all CPF accounts amounted to $412,148.83

How much you have to earn $412k of interests?

 

[henrylbh]

Very difficult to answer

 

[henrylbh]

Money took out of and put back into CPF has a plus of $138,651.57 excluding investments not yet liquidated and returned to CPF

 

[Kaypohji]

One year earn 412k of interest from cpf alone?

How can it be ?

 

[highsulphur]

Money took out of and put back into CPF has a plus of $138,651.57 excluding investments not yet liquidated and returned to CPF

I don't quite understand the point of your posts when you have no intention of sharing what exactly you are doing. If its not really legal or by the book I suggest you just keep it to yourself. No point giving cryptic posts like you did

 

[henrylbh]

One year earn 412k of interest from cpf alone?

How can it be ?

How can it be one year? Obviously to end 2019 from ???

 

[Kaypohji]

Then it’s ok la.... it’s just a matter of having more earlier than later

How can it be one year? Obviously to end 2019 from ???

 

[henrylbh]

I don't quite understand the point of your posts when you have no intention of sharing what exactly you are doing. If its not really legal or by the book I suggest you just keep it to yourself. No point giving cryptic posts like you did

Just letting d3n know that CPF can also give good return. Not for you to question

 

[lifeafter41]

I don't quite understand the point of your posts when you have no intention of sharing what exactly you are doing. If its not really legal or by the book I suggest you just keep it to yourself. No point giving cryptic posts like you did

Lololololol.......

 

[highsulphur]

Just letting d3n know that CPF can also give good return. Not for you to question

Then be specific on what you did to achieve such good returns. Otherwise its pointless to him right?

 

[henrylbh]

Then be specific on what you did to achieve such good returns. Otherwise its pointless to him right?

Gave one example that money take out and put back into CPF from CPFIS, though I did not phase clearly and did not answer your first question. d3n is into investment and CPF money could be idle at 2.5%.

 

[Gitaro]

I no need investment Till end of 2019, interest on all CPF accounts amounted to $412,148.83

You cant be serious. To have $412,000 interests, you need to have in excess of $15,000,000 in all your CPF accounts. You kid who?

Unless you are referring to investment returns. even then, the term "interests" is misleading.

 

[henrylbh]

Then be specific on what you did to achieve such good returns. Otherwise its pointless to him right?

You want easy answer is to max SA (and annual limit) soonest possible

 

[highsulphur]

You cant be serious. To have $412,000 interests, you need to have in excess of $15,000,000 in all your CPF accounts. You kid who?

Unless you are referring to investment returns. even then, the term "interests" is misleading.

Good luck trying to get an answer

 

[henrylbh]

You cant be serious. To have $412,000 interests, you need to have in excess of $15,000,000 in all your CPF accounts. You kid who?

Unless you are referring to investment returns. even then, the term "interests" is misleading.

Great imagination. It's over the years to get it. And it's interest only, not gain from investments.

 

[77james]

According to CPF. Seems like top up cannot be withdraw

Below as per cpf

I have also read and understood, and have informed the recipient of the following:

The top-up monies are meant for his retirement needs. Therefore he cannot apply to withdraw the top-up monies:
under any CPF schemes for education, investments, insurance, housing, CPF transfers and etc;
from his RA (even if he owns a property); and
via exemption from setting aside a retirement sum in the RA.

 

[henrylbh]

According to CPF. Since like top up cannot be withdraw

Below as per cpf

I have also read and understood, and have informed the recipient of the following:

The top-up monies are meant for his retirement needs. Therefore he cannot apply to withdraw the top-up monies:
under any CPF schemes for education, investments, insurance, housing, CPF transfers and etc;
from his RA (even if he owns a property); and
via exemption from setting aside a retirement sum in the RA.

That has been mentioned many time in this thread. But if you meet FRS at 55, top-ups not an issue, as what is left in SA and OA can be withdrawn. And what is transferred to RA will include top-ups that cannot be withdrawn even with property charge. I think can also transfer part of RA to spouse.

 

[edwinttt1978]

Great imagination. It's over the years to get it. And it's interest only, not gain from investments.

Let’s see. All the interests from 1980s to 2019 add up to $412k?

 

[andyhtc]

The interest should be cumulative over 30 years approximately or an average of $14,000 per year x 30 years.

 

[77james]

That has been mentioned many time in this thread. But if you meet FRS at 55, top-ups not an issue, as what is left in SA and OA can be withdrawn. And what is transferred to RA will include top-ups that cannot be withdrawn even with property charge. I think can also transfer part of RA to spouse.

Thanks they should add in if topup exceed FRS can withdraw better. Then ppl will topup more to achieve the FRS