Aiyoh, why so many rumors?
If we have questions about the CPF, who should we ask?
Don't ask me.
I blur.
Reader says...
Hi AK, recently I chatted with one of my colleagues and he feels that the govt just keep raising the minimum sum and CPF life drawdown age.
Apparently there is rumour that the CPF life drawdown age will be increase from 65 to 67.
He is even thinking of migrating to Canada so that we can withdraw his CPF money.
AK says...
Rumour is a rumour. Haha
Good luck to him in Canada. 😉
Reader says...
Actually this is just to let you know how people are feeling about CPF.
Like forever cannot touch
AK says...
These people will likely forever have not much CPF to touch 😜
Tell your colleague that the CPF Life automatically pays out at age 70 if we do not opt for earlier pay out date.
Hope that doesn't freak him out. 😛
Reader says...
Aiyoh u so bad!
Ya lor. I also say.
Bad AK! Bad AK!
I know Singaporeans who are very dissatisfied with Singapore and everything to do with our country.
They are always complaining about things in Singapore like there is nothing good about our country.
Why not try to make the system work for us instead of thinking that the system is against us?
Could it be that we are against the system instead?
We don't know we had something good until we have lost it.
It is too late then.
Related post:
Government confiscates CPF-MA money when we die!