Discussn CPF : Anyone alredy reached ERS ($450k) or topping up FRS to ERS ?

[KnyghtRyder]

Already hit ers now. But I will opt for brs basic plan with property pledge which I dun plan on selling also, and opt for payout to start latest at 70 or whichever is later and permitted, when the time come ,to leave lesser to the common pool and maximise money for my own nominations.

Sounds like a good plan.

 

[Jeremy1]

Even if strike Toto First Prize, I also won't top up

 

[Potato_Wedges]

Chose the most basic.
Pump the rest of the money in DBS shares.
Dividends is much much more.
Dont be lazy. Do your maths.
Still have spare cash to give children.

 

[undiscern]

Just pump into the 3 banks UOB, OCBC, DBS

 

[hachi]

Also can take $50k from the $240k to buy Dbs.

Now dbs too expensive... Maybe ss, like now my profile, large part in ss giving 4%... So my groceries are free...

 

[fandango]

Even if strike Toto First Prize, I also won't top up

If I strike toto, first thing I will do is max out my chewren SA accounts.

 

[Dividends]

If I strike toto, first thing I will do is max out my chewren SA accounts.

If I had kids, I'll max out their SA the moment they're born.

 

[~sabaisabai~]

Already hit ers now. But I will opt for brs basic plan with property pledge which I dun plan on selling also, and opt for payout to start latest at 70 or whichever is later and permitted, when the time come ,to leave lesser to the common pool and maximise money for my own nomnominations

Yeah sounds good plan

 

[~sabaisabai~]

Even if strike Toto First Prize, I also won't top up

Unless one is willing for their money to lock forever to exchange with 4% and wait patiently for monthly payout upon 65 till uplorry.

 

[~sabaisabai~]

Now dbs too expensive... Maybe ss, like now my profile, large part in ss giving 4%... So my groceries are free...

Wait for pull back lor

 

[hachi]

Wait for pull back lor

Ya... Waiting.... Standby

 

[hachi]

Unless one is willing for their money to lock forever to exchange with 4% and wait patiently for monthly payout upon 65 till uplorry.

Not keen... Many defensive stocks giving 4% or so....

 

[~sabaisabai~]

Not keen... Many defensive stocks giving 4% or so....

Totally agree

Like I mentioned in previous comment if one knows and where to invest to achieve the return with the flexibility for liquidity, that's the best.

But those dunno and willing to be locked forever. They can consider top up

 

[~sabaisabai~]

Ya... Waiting.... Standby

Plus one. Camping too

 

[carey]

Just pump into the 3 banks UOB, OCBC, DBS

that's what I am doing plus some other stable dividend stocks with 5% yields

 

[fandango]

If I had kids, I'll max out their SA the moment they're born.

Faster go and pop a kid

 

[Jeremy1]

Unless one is willing for their money to lock forever to exchange with 4% and wait patiently for monthly payout upon 65 till uplorry.

Yes, just make sure you can live long like Mr Loo but then life is unpredictable.

I would said if you have a family is still okay since the RA $$$ can paasdown to your children.

 

[RSKeisuke]

what's the strategy if I do not want to leave any amount for anyone and want to finish every cent i have before I die?

 

[~sabaisabai~]

Yes, just make sure you can live long like Mr Loo but then life is unpredictable.

I would said if you have a family is still okay since the RA $$$ can paasdown to your children.

i dunno who is Mr Loo

 

[fandango]

what's the strategy if I do not want to leave any amount for anyone and want to finish every cent i have before I die?

Migrate and live in Johor