tag:blogger.com,1999:blog-7944902213075756335.post8048831367531964141..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): 2018 CPF savings in a pie chart. (Growing CPF savings.)AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7944902213075756335.post-6148347215519640702019-01-29T11:53:01.708+08:002019-01-29T11:53:01.708+08:00Reader says...
I have not had income for long &...Reader says...<br />I have not had income for long & now feeling extremely stress. <br />Plus my ignorance on CPF hacks had caused me to lose 20 years of Compound Interest.<br />Nonetheless, I am happy with the additional $1000 interest from CPF this year.<br />Just by transferring from OA to SA.<br />Many thanks to u.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-13168013023613259142019-01-29T11:42:06.441+08:002019-01-29T11:42:06.441+08:00Yew Khim says...
In the article, You put in green
...Yew Khim says...<br />In the article, You put in green<br />“CPF is all we need unless we are very rich”.<br />Can you clarify what do you mean by this statement?<br /><br /><br />AK says...<br />It is hyperlinked. <br />Please click on it to read the blog on the topic. <br />All will be revealed then. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-79921636813355654492019-01-29T11:40:02.928+08:002019-01-29T11:40:02.928+08:00Sau Yee Fong says...
Actually, I think if someone ...Sau Yee Fong says...<br />Actually, I think if someone don't spend too much of their CPF OA in buying a home, religiously do VC to annual limit of $37,740, one can comfortably retire at 55 without having the need to buy endowment plan or private annuity. I don't think any of these can guarantee an annual return of 2.5%.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89354182763034852642019-01-29T11:34:36.626+08:002019-01-29T11:34:36.626+08:00Hi Jacky,
Please see my reply to WK Yap above. ;)...Hi Jacky,<br /><br />Please see my reply to WK Yap above. ;)<br /><br />As for how did I amass so much money in my OA, the answer is in this blog:<br /><br /><a href="https://singaporeanstocksinvestor.blogspot.com/2015/01/how-did-ak-amass-so-much-money-in-his.html" rel="nofollow">How did AK amass so much money in CPF-OA"</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-42070317642842280572019-01-29T11:30:15.623+08:002019-01-29T11:30:15.623+08:00Hi WK Yap,
I wasn't always as financially com...Hi WK Yap,<br /><br />I wasn't always as financially comfortable as I have been in recent years.<br /><br />I didn't have the extra money to do Top Ups and all I did was to transfer all my OA savings to my SA in the first 4 years of my working life.<br /><br />Top Ups require cash out of pocket.<br /><br />OA to SA transfer is just moving money that is already in my CPF. :)<br /><br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55232933069694239242019-01-29T10:00:46.444+08:002019-01-29T10:00:46.444+08:00Hi AK - might have missed the post somewhere but f...Hi AK - might have missed the post somewhere but for your CPF, it is all based on employment contribution and voluntary contribution? Noticed that your OA is quite high - meaning you didnt transfer your OA to SA? Means your contribution must be quite high! Jackyhttps://www.blogger.com/profile/13325373462439823568noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72352518708922127632019-01-29T08:46:55.922+08:002019-01-29T08:46:55.922+08:00AK, all these from topping up $7k year in & ou...AK, all these from topping up $7k year in & out without fail? How many years to reach that figure?WK888https://www.blogger.com/profile/10784002781344707525noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21104952519852145302019-01-28T13:07:19.852+08:002019-01-28T13:07:19.852+08:00Loo Cheng Chuan says...
Amazing! You could be 1M5...Loo Cheng Chuan says... <br />Amazing! You could be 1M50 !<br /><br />AK says...<br />Lucky not RM50 :pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-64746300331294156582019-01-28T12:42:38.103+08:002019-01-28T12:42:38.103+08:00Sim On says...
I think like this as I am going t...Sim On says... <br /><br />I think like this as I am going to do VC for 10years until 55yrs old. <br /><br />I hope to live another 10years from 65 taking around more than 850 per month. <br /><br />Anything more is extra. <br /><br />It's just another force saving for retirement. <br /><br />Don't think too much.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com