CPF Balances Update – January 2020

First CPF Balances update of the new year! It is the end of January with all mandatory contributions and cash top up in for the month. MA new ceiling (Basic Healthcare Sum or BHS) is raised to $60,000 for 2020. OA to SA transfer for the month of January is also completed. SA balance currentlyContinue reading “CPF Balances Update – January 2020”

*Update* to CPF Interests Update – For 2019

Being too eager to post the results for the year, some readers were right to point out that the MA cap up to 31 Dec 2019 was $57,200. Revision for MA cap to $60,000 begins on 01 Jan 2020. Therefore, the interests earned for MA account for 2019 would overflow to SA. I checked backContinue reading “*Update* to CPF Interests Update – For 2019”

CPF Interests Update – For 2019

Every year on this 1st Jan, 5am in the morning, the eager ones take a look at how much interest they earn from their CPF savings and contributions over the past year. A small minority. And I am no exception. I remember ending off Dec 2019 just 3 days ago at: OA SA MA DecContinue reading “CPF Interests Update – For 2019”

CPF Balances Update – December 2019

It is the end of December with all mandatory contributions and cash top up are in for the month. Last month of the year, and it is probably the month where many people who receives their end-of-year bonuses anticipate, me including. MA contribution overflow to SA continues. OA to SA transfer for the month ofContinue reading “CPF Balances Update – December 2019”

What is your Retirement Sum?

No, this is not about your CPF Retirement Sum. But really, the amount of money you need for your retirement. Some of us have a fuzzy idea of the amount that we need. When we work backwards, it translate into fuzzy numbers that we need to save or invest each month. Retirement fuzzy logic. TheContinue reading “What is your Retirement Sum?”