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.

Click to email CW8888 or Email ID :

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

Wednesday, 6 November 2019

I am on Retirement Sum Scheme (RSS) (2)

Some folks cpcb so Government has revised RSS for $10 more per month! 

Ha Ha! LOL!


Don't say Government never listen hor!

Read? I am on Retirement Sum Scheme (RSS)


  1. Hmm I was surprised when I heard CPF had planned the RSS based on drawdown to 95?!? And now based on drawdown till 90??

    Tot all along it's based on 20 +/- years drawdown.

    Anyway, Uncle8888, this doesn't seem to affect you much LOL!

  2. Actually in the beginning before CPF LIFE, everyone who were on MSS, was DDA 60 plus 20 years. IRRC.

    Goal post keep on shifting like quicksand or Sahara's Desert storm?

  3. So RSS (now new name) if delay DDA to 70, what happens?

    Base on age 70 + 20 years?

    Is it fair for DDA 63 plus 20 or what?

  4. News is like this ....

    More than a third of Retirement Sum Scheme (RSS) members - some 60,000 people - currently receiving their monthly payouts will see an increase in payouts from next year following changes to the rules.

    Payouts through the RSS, the main Central Provident Fund (CPF) retirement payout scheme for members born before 1958, will be capped at age 90 instead of the current 95 from next year, Manpower Minister Josephine Teo announced in Parliament yesterday.

    increase in payouts = $10 per month.


Related Posts with Thumbnails