Sunday, 4 September 2016
Bigger House or Bigger CPF OA or Bigger Losses in CPFIS???
Uncle8888 knows from folks around him i.e. those who have retired before him and those folks who are going to retire after him.
It is simply down to three scenarios why some can retire comfortably while some cannot or will be struggling :
(1) Bigger House
(2) Bigger CPF OA
(3) Bigger losses in CPFIS (These folks finally learnt it first hand that compounding interests is NOT the same compounding return)
Read? Compounding
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