Update on CPF 101 guide – Investment Scheme

As of today, I have updated the CPF 101 guide to include the INVESTMENT scheme. Hopefully, I have covered all that a regular investor who invest his CPF-OA and CPF-SA needs to know. Last week, I have started putting together a CPF 101 guide, besides the hack guide which I consolidated previously, in an attemptContinue reading “Update on CPF 101 guide – Investment Scheme”

Why are CPF LIFE monthly payouts for BRS, FRS and ERS not proportional?

A common misconception by many Singaporeans is regarding the Retirement Sum set aside in their Retirement Account (RA) versus what they “should be proportionately getting” in their monthly payouts. There are three levels of Retirement Sum: The Full Retirement Sum (FRS) is two times the Basic Retirement Sum (BRS), and the Enhanced Retirement Sum (ERS)Continue reading “Why are CPF LIFE monthly payouts for BRS, FRS and ERS not proportional?”

Starting a CPF 101 guide

I have added in a CPF 101 page today. Generally, having a 101 means that beginners new to the CPF can get up to speed on current CPF policies. The 101 guide aims to keep it simple and logical, illustrating all the basic principles and concepts. Currently, it only covers the Introduction and Retirement scheme.Continue reading “Starting a CPF 101 guide”

Why I refuse to fall between the cracks during my retirement

There are people who constantly ask why am I planning for retirement so early or why focus so much attention on CPF 101 hacking. For that matter, also why am I starting so young for my child. Is 55 years ahead too young to plan? How about 30 years ahead? Identify, Exploit, Subordinate, Elevate, Repeat.Continue reading “Why I refuse to fall between the cracks during my retirement”