I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com

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.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday 23 October 2017

DIY Annuity (Jan 2018 to Dec 2038) With CPF OA

Read? Is the new CPF Life plan ideal for you?

The report highlighted that with CPF's interest rate structure, CPF Life is able to provide an effective annuity rate of 7.1 per cent based on a $100,000 premium.

"This compares favourably with life annuities in most markets," stated the report. The annuity rate was calculated based on the ratio of annual payout to premium paid, for a male member born in 1962, or is 55 this year, who receives payouts at age 65.

PS: Payout is increasing at 2% every year.

Read? How I Accumulate $1M In CPF OA!

Uncle8888 DIY Annuity with his CPF OA is able to provide an effective annuity rate of 6.6% till Dec 2038!

Factoring 2.5% inflationary rate for annual escalating payouts from 2018 to 2038 (Age 81+) and can cover up to 85% of the highest historical annual expenses since 2002.


  1. CW,

    It so interesting to have you on the opposite side of grey and fuzzy!

    Gave me a glimpse into how you precision 2 decimal places people plan and live your lives ;)

    How do I know I have enough?

    Just like how I know I am no long hungry - by gut feeling ;)

    Since quitting full-time work at 44, I've not touched a cent of my capital yet. I guess that's another way of knowing I have enough?


  2. temperament,

    To mothers, its never enough.

    I say I full oredi, mom will insist eat more!


  3. Big Daddy will be very very happy if everyone is like Uncle8888!! :) :)

    No need to open wallet for more social welfare programmes!!

    Schemes like Pioneer Generation, Silver Support Scheme, Permanent GST rebates, $3/$5 health screening, War on diabetes etc etc do not happen out of the goodness of Big Daddy's heart .... they are fire fighting tools rushed out to handle increasing spikes in elderly not being able to support or look after themselves properly... And increasing expenses by Big Daddy to cover all these shortcomings....

    Will be interesting to see what other schemes as more & more of the electorate get older & older & poorer & poorer! Kekeke!!!

    1. Spur,

      Its OK.

      For every fisherman who relies a lot on CPF, there's probably a man of leisure out there who plans to withdraw as much CPF money as possible at 55 using BRS - despite having enough for ERS ;)

      Both like to DIY, but one prefers to do it INSIDE CPF, the other prefers to do it OUTSIDE of CPF ;)

      Men of leisure don't like encumberments.

    2. Bro SMOL,

      There are more than one route to reach Rome.Whichever route you take is okay if you enjoy it.

    3. Sanye兄,

      Of course! I'm the 2 dots in the Ying/Yang symbol ;)

      I like to offer the alternative view just to troll/poke others just to see their reactions!

      My bad ;)

      Some of the best cyberspace friendships are made through 不打不相识.



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