Firstly; max out CPFIS and stay fully invested before considering HDB housing loan as option. In later years can sell stocks and refund back to CPF OA to service housing loan when necessary. (CW8888 : Hmm ... really arh. Sound like retail investing by CPF members over market cycles is not that difficult hor OR you are damn lucky at the right time!) Secondly; max out transfer from CPF OA to CPF SA. (CW8888 : Still ok!)
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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