Last updated on September 2nd, 2021
You have just started to set aside some savings to invest towards your retirement goals.
However, you are still undecided on how much to allocate to the CPF Investment Scheme (CPFIS) or the Supplementary Retirement Scheme (SRS).
This article will guide you through your dilemma by first making a comparison between the two schemes, followed by some suggestions on how to best save for your retirement using both CPFIS and SRS.
Last updated on June 8th, 2021
As you are calculating your net worth, you may wonder if you should be including your CPF in the calculation.
Even though it’s your money, it is being ‘locked up’ the government. So should it be still considered as an asset?
Here is my opinion on why you should still consider CPF as a part of your net worth.
Last updated on June 6th, 2021
When you are deciding on topping up your CPF, you are presented with 2 options: topping up your Special Account (SA), or your MediSave Account (MA).
Since both earn the same amount of interest, is there really a difference between topping up either account?
Here’s what you need to know.
Last updated on September 6th, 2021
You may have heard about topping up your CPF to earn high interest rates on your funds.
However, the focus has mainly been on SA or MA top ups, while OA top ups are not as commonly mentioned.
So here’s what you need to know about topping up your OA:
Last updated on August 29th, 2021
If you are looking to fund your property’s purchase entirely with your CPF funds, you may want to consider the interest you accrue on these funds.
When you sell your flat, you will need to return the funds you’ve used, plus any accrued interest back into your OA!
This will mainly affect you if you want to receive the profits of your flat’s sale in cash.
Here’s what you need to know about the interest you’ll accrue on your CPF OA funds.