I topped up my minimum sum when the scheme became available to take advantage of the risk-free 4% compounding rate. You may think that difference between 2.5% and 4% may not be big deal; but after 25 years the Maths shows that an initial $1,000 transferred from OA to SA will be 1.44 times more as illustrated below:
$1000 in CPF account after 25 years
OA 2.5%: $1,854
SA 4.0%: $2,666 (1.44 times more than the amount in OA)
Read? The Best Secret in Investment and Trading – Compound Interest
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