Saturday 9 June 2018
CPF OA $1M, 5% Withdrawal Rule and 2.5% annual inflation rate
Read? 1M65 CPF OA Possible Or Not???
With CPF OA $1M, we can apply 5% withdrawal rule i.e. starting with $50K and annual inflation rate @ 2.5%; it can last 20 years.
Accumulate $1M in your CPF OA @ 65 and can retire without too much financial worry!
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Talking cock..??.
ReplyDeleteHi,
ReplyDeleteWhy accumulate so much in the first place? Sbould use it to pay off mortagages or use it to buy another property!
Hi,
ReplyDeleteWhy accumulate so much in the first place? Sbould use it to pay off mortagages or use it to buy another property!