Pay increment - What to do with it?

Perisher

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,178
Reaction score
10,089
djchris said:
Well both works fine but I'm interested to top up my SRS for tax deduction and invest in stocks from there. For me, I see that SRS can start paying out from 62. If I retire earlier, it's good to start getting payouts earlier.

My CPF OA amount does not hit above 20k so it will just accumulate interest there.

At the current stage of my life, I won't put my money in REITs.

Full speed on wealth accumulation!
Click to expand...

The age 62 is a moving target depending upon the mood of our gov.
 
D

djchris

Supremacy Member
Joined
Jul 6, 2002
Messages
6,067
Reaction score
1
Not SRS. It's based on the mood of our govt at the time of the account opening.

I've opened mine and it's locked at 62.
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top