CPF Balances Update – March 2020

It is the end of March with all mandatory contributions and cash top up in for the month. OA to SA transfer for the month of March is also completed. SA balance currently stands at $103,063.50, slightly more than half of 2020 FRS or 56.9% of the journey. Basic Healthcare Sum of $60,000 was metContinue reading “CPF Balances Update – March 2020”

Looking at the past, planning for the future

CPF remains as one of my several retirement tools that I am closely watching and building up towards my retirement planning 30 years from now — a move that I am confident in not fallling between the cracks during my retirement. Mr Loo’s concept of 4M65 or 4 Million dollars accumulated as a couple at ageContinue reading “Looking at the past, planning for the future”

CPF Balances Update – February 2020

It is the end of February with all mandatory contributions and cash top up in for the month. OA to SA transfer for the month of February is also completed. SA balance currently stands at $98,250.04, slightly more than half of 2020 FRS or 54.3% of the journey. There’s a slight change in strategy fromContinue reading “CPF Balances Update – February 2020”

A call to kick-start your CPF retirement planning early

The average life expectancy for Singaporeans is 83.2 years, for year 2018. Singaporean males have to perform national services duties for 2 years, and if we were to include university studies, the average age of beginning work in society is 25 years of age. I would have mentioned earlier in my article, Investing from Age Zero,Continue reading “A call to kick-start your CPF retirement planning early”

Maximising your family members CPF contribution

Within the family, you don’t actually need to be very savvy with financial-related or investment-related matters to be constantly bombarded with queries. You just need to have that delta, above and beyond which you automatically become the guru in the family. I was just kidding. Jokes aside, I really enjoy looking at statements and seeContinue reading “Maximising your family members CPF contribution”