Two ways to maximise CPF savings before turning 55 | Money Matters

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  • เผยแพร่เมื่อ 10 พ.ย. 2024

ความคิดเห็น • 19

  • @stargazeronesixseven
    @stargazeronesixseven ปีที่แล้ว +1

    🙏 Thank You So Much Strait Times for educating us about on how to benefit from our CPF Retirement Accounts!

  • @wsaiho
    @wsaiho 8 หลายเดือนก่อน +2

    So it's DBS' fault that shielding is dead now?

  • @simonsimon2028
    @simonsimon2028 10 หลายเดือนก่อน

    Subject to government policy, THINGS will change . the min sum of retirement account will increase also.

    • @lucasyeah7033
      @lucasyeah7033 10 หลายเดือนก่อน

      Due to inflation each year

  • @kcchiew4247
    @kcchiew4247 ปีที่แล้ว

    Going to topup my RA to ERS after my 55yo birthday next month.

  • @EZJRVCXY
    @EZJRVCXY ปีที่แล้ว

    don't use CPF investment, as investments are not guaranteed.. even S&P500 can give more than 4%...
    never rely on CPF.... who knows what are the monies used for.. and worst of all, you can see but you can't really touch the money!

    • @AzmiBesar
      @AzmiBesar 11 หลายเดือนก่อน +1

      Then how come i pay for my House using CPF if i cant touch the money ?

  • @budakPancing
    @budakPancing ปีที่แล้ว +5

    CPFIS cannot guarantee 4% or even 2.4% per year interesr like interest earn in SA or OA.
    So be careful to this advise to use your hard earn money in these CPFIS products. You could end up losing money investing.

    • @lumvincent7431
      @lumvincent7431 10 หลายเดือนก่อน

      My wife n i been buying Mnact since 2013 . Yearly dividend yield ard 6-7% plus capital gain when opportunity come . During covid lockdown , buying cheap keppel corp, ocbc n Mnact . Last oct - early Dec , bought Keppel reit at $0.80 , Mpact at $ 1.31 n $1.41 . DBS at $31.03. Those counters dividend yield at least 5% annually . Must got knowledge n done hmework b4 buying .

  • @qistinafaridz3268
    @qistinafaridz3268 ปีที่แล้ว +10

    Stan died at 54

  • @megadisc1982
    @megadisc1982 ปีที่แล้ว

    thanks government

  • @worstalentscout
    @worstalentscout ปีที่แล้ว +4

    unsustainable CPF close to collapse ?..............asking people to put in money just to pay out more compound interest ?

    • @gabrielchan4420
      @gabrielchan4420 ปีที่แล้ว +6

      Renounce your citizenship, you can collect your CPF money

    • @EZJRVCXY
      @EZJRVCXY ปีที่แล้ว

      thats why dont rely on CPF... just use ETF or stocks..