AK is showing off his CPF-OA and MA numbers.

A reader said he shared my update on my CPF-SA with his elder brother and his brother was not only incredulous but called me a show off. 

I consoled the reader by saying there are many different people in this world and they will not all react in the same way.

Having said this, I must say that it took a lot to get me out of my comfort zone to share the numbers. They should be confidential. 

However, because AK's identity remains largely a secret, he has some protection. With all the numbers out in the open, AK will need his anonymity even more.

When I share personal numbers and they could be my passive income, my CPF-SA, OA, MA or even my body weight, I am sharing important messages. 

What people wish to focus on and how they want to interpret the blog posts, I have no control over.

Now, at risk of being labelled a show off once more, I am sharing numbers for my CPF-OA and MA. Again, there are important messages here:

What are the important messages? I won't repeat myself. If you are interested:

See my message on the CPF-OA: here.

See my message on the CPF-MA: here.

Of course, for the recent blog post on my CPF-SA savings (here), the most important message was that the magic of compounding takes time to work and giving it a boost by injecting more funds in the early years, it gets even more magical.

Alamak, I just repeated myself.

I am glad that talking to myself has helped many people. I used to feel somewhat sad but I guess I have to accept that there will always be many more who ASSI cannot help because they refuse to help themselves.

So, go ahead, share the messages but don't feel down if the reactions are negative. At least, you have tried.

Related post:

Getting the most out of ASSI.

An update on AK's CPF-SA which outperformed in 2015.

Exactly one year ago, I shared my CPF-SA numbers, as a friend put it, to shock and awe the most cynical of readers into action. 

I think it worked as that blog post has received almost 400 FB Likes so far and also generated quite a bit of discussion.

Last month, I receive a request from a reader:

At that time, I was not sure that it would be helpful to share my CPF-SA numbers one year on but, on second thoughts, it could be a good idea. 

After all, the shock and awe generated by that blog post a year ago could have worn off by now.






So, here are the numbers:

"VC" stands for voluntary contribution. 

AK is not allowed to do Minimum Sum (MS) Top Up to his CPF-SA anymore as he has exceeded the MS.

There was a "VC refund" for excess contribution made the year before. 





I blogged about it here: 
The CPF is a national PONZI scheme.

So, I received a full year interest of $8,210.28 for my CPF-SA savings. 

The interest I receive yearly, I believe, would more than cover the planned 3% annual increase in the MS, now the FRS, from year 2018.





To find out more about the BRS, FRS and ERS, read this: 
Proposed changes to the CPF system.


All of us should try to benefit fully from the CPF system and make our CPF savings a cornerstone of our retirement funding strategy. 

To me, it is really a no brainer.





The CPF outperformed the S&P 500 and the STI in 2015. S&P 500 was flat. 

The STI declined 15% and Barclays junk bonds ETF dropped 12%.
Source:
http://www.cnbc.com/2015/12/30/singapores-cpf-saving-plan-beat-markets-in-2015-with-steady-returns.html

We should always make room for a risk free and volatility free component in our investment portfolio. 

What might that be? 

I am sure you know the answer.





(If you are new to my blog, you might want to read related post number 1 below.)

Related posts:
1. A lot of money in my CPF SA is... 
2. 2016 changes to the CPF and SRS.