Read? How I Accumulate $1M In CPF OA! (2)
1M in CPF OA at 65.
Possible or not?
Since there is current limit of voluntary contribution of $37,740 and decreasing CPF OA allocation rate after 35 to 65 from 21% to 3.5%
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42 minutes ago
CW,
ReplyDeleteHope I am reading your post "correctly".
That means you got 5 more years to accumulate $600K in your CPF.
If not, you would have "underperformed" someone who have maxed out voluntary contribution to CPF OA?
So all the huff and puff of active DIY investing for nothing?
Saver beats investor! Now that's cool :)
It would interesting to see how the same person who "passively" invests $37,740 every year in STI ETF, what would be the outcome?
That right! Good news for cash rich high earning power and high saver! Not everybody needs to invest. ha ha!
DeleteCW,
DeleteLOL!
No one ever gives advice to someone stronger, richer, and more powerful than them.
So if someone gives us "advice" - must invest or else...
Hey! We have been patronised!
They see us as not cahs rich and have no earning power :(
(&%$%&*$!!!@#%^