LW on why u cannot withdraw all CPF at 55yo

[dontwastetime]

Excess of FRS can be withdrawn at 55.

so long as they don’t touch this rule, I am ok.

all along I pretend the FRS balance not mine.

Same here , but I think we fell for their trick liao

 

[Shion]

CPF is my money

 

[trevlim]

raise every possible restriction but never raise interest rate

 

[pokipoki08]

aiya, want to take out 100% easiest is to migrate lor. throw pink ic liao can take all.

this
what can you do with RM 1-3 mil?
a lot

 

[nasfieldjohn]

Jhk can use cheatcode to withdraw all cpf hor
Nobody check if they move to west malaysia or not

 

[Mecisteus]

VOTE OUT the arse!!!

What " national savings "
It's the INDIVIDUAL money

What " flexibility" or "investment"?
If the guy is dying and wants to spend his money, he can't

Vote him out

Always talking nonsense this guy.

Under special circumstances, you can withdraw the CPF.

 

[buffybuffy]

God of gsmbleress still can control him like she control her husband?

 

[consigliere]

VOTE OUT the arse!!!

What " national savings "
It's the INDIVIDUAL money

What " flexibility" or "investment"?
If the guy is dying and wants to spend his money, he can't

Vote him out

Knn, they like they change the definition.

 

[green72]

To say CPF does not belong to the individual, they are inviting trouble for themselves come this GE.
Removing the SA at 55 already turn many against them.
Seriously. LW cannot make it rhis GE.

 

[KYZT2021]

that why road to retirement till 70s

 

[Spike]

CPF is the key reason why property prices are rising..

Cos it's the most efficient use of CPF.

If CPF is excluded from property utilization, 25% down payment in cash would have been too high for most people.

 

[Odessa]

https://m.facebook.com/reel/1798040007612211/?referral_source=external_deeplink

Does he mean the past pappies ministers who set the rule allowing at 55 made a mistake?

What makes him.think he is correct?

he is taking up the points first put forth by Chiayongyong

In reality, he is trying hard not to say that CPF is not your money, in between the words, its really saying, CPF is really not your money, its the govt's money and only govt can do what it deems fit.

Does that sound like a reinterpretation of "My money is my money. Your money is our money."?

 

[deathan9el]

not reading
b'cuz it won't change things if me read the explanation anw

 

[archie7]

can opt out of national savings and put into personal savings?

 

[artncraft]

CPF aggregates the individual retirement funds to maintain payments during the members' lifetime. It is just a system design to reduce risk for each member since longevity is hard to predict.

 

[Joseph12]

To say CPF does not belong to the individual, they are inviting trouble for themselves come this GE.
Removing the SA at 55 already turn many against them.
Seriously. LW cannot make it rhis GE.

NOT ENOUGH

How many GRCs lost cos cannot retrieve CPF at retirement
Not many

 

[JonWeak]

Later draw all out then kena scam by Indobu, vietbu, siambu and PRC then kpkb money all gone how?

Recently got one old actor kena scammed by Philippine women leh

 

[Joseph12]

CPF aggregates the individual retirement funds to maintain payments during the members' lifetime. It is just a system design.

What "aggregate"?

Retirement fund means Retire can remove everything
Go on holiday
Go buy boat to sail around the world
Blow or high price cookers I mean hookers

It's entirely up to the individual

 

[artncraft]

What "aggregate"?

Retirement fund means Retire can remove everything
Go on holiday
Go buy boat to sail around the world
Blow or high price cookers I mean hookers

It's entirely up to the individual

It is a statistical thing. You need a big number for it to work.

 

[JonWeak]

To say CPF does not belong to the individual, they are inviting trouble for themselves come this GE.
Removing the SA at 55 already turn many against them.
Seriously. LW cannot make it rhis GE.

Lol he really said that? I have to watch the video later.

If don't belong to us means we not contributing for ourselves? Then to who? Lol