As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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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

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Saturday, 16 March 2019

The Risk of CPF Accrued Interest So Scary Meh??? (Refresh)


Read? The Risk of CPF Accrued Interest So Scary Meh???

Read?  Turning 55 - and enjoying financial freedom (2)

It seen that some CPF members may not understand CPF accrued interests well enough and then own-self scares own-self!

This morning; Uncle8888 again heard this concern on scary CPF accrued interests! :-)










4 comments:

  1. As long can meet FRS at 55, then no more otang the cpf amount used for housing plus the accrued interest.

    However most will choose BRS so will otang 1/2 FRS if sell pledged property.

    Soln: Don't sell lorr.

    ReplyDelete
  2. CPF claimed that I owed $25,000 of accrued interests when I enbloc. I kwai kwai top up $25,000 to my CPF OA. Learn to play the game

    ReplyDelete
    Replies
    1. Before 55 has to pay accrued interests. Can afford to pay back accrued is huat!

      Delete

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