Singapore-based financial blog that aims to educate people on personal finance, investments, retirement and their Central Provident Fund (CPF) matters.

Thursday, 28 January 2016

A new year; fresh pessimism?

As we are almost done with the first month of the new year, there seems to be more pessimism lurking in the market, especially locally. Stock markets are tumbling lower, where the STI has dropped an estimated 9%. The local property market is not doing well either. To add on, recently there was news of retrenchments that will be done in the local jobs market. Is just me or it seems that 2016 doesn't...

Monday, 11 January 2016

CPF Interest if I am age 55 & Above

In 2016, if you are age 55 or above, the First $30,000 of your CPF Balance will receive a bonus +1%. This bonus +1% is on top of the extra +1% given on your first $60,000 CPF balance. MORE LINKS Accrued Interest More than Housing Profits? CPF +1% Interest for those age 55 & Above 5 Financial...

Wednesday, 6 January 2016

CPF LIFE Income DIfference

For an updated version, refer to the article HERE. In today's post, we will be discussing why is the Full Retirement Sum monthly payout not double the Basic Retirement Sum's payout. MORE LINKS Accrued Interest More than Housing Profits? CPF +1% Interest for those age 55 & Above 5 Financial...