As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Sunday, 2 April 2017

CPF Housing and Education Loan : Know The Difference!

Upon 55 and after meeting FRS requirement; CPF system will forget your housing loan and accrued interests.

But for your children's tertiary education loan from CPF OA ...

Ah Boi and Ah Ger,

Your parents upon reaching their 55; they can forgive you from paying back your education loan taken from your parent's CPF OA; but the CPF system will NOT forget what you have taken from your parents' CPF OA!


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