Read? CPFIS after 55. To close or NOT to close? (2) Read? Uniquely Singapore Sources Of Passive Income For Koala/Panda Retail Investors Only For CDP, it is quite straight forward under low interest rate environment and with more years to come under such low rate. Most retail investors may not be able to tahan holding cash as war chest earning low yield; and are more likely to invest asap! But for CPFIS, it is a different ball game of investing strategy. 2.5% compound interests is a decent return on capital protection and liquid asset after 55 Your war chest in CPFIS is earning 2.5% compound interests while waiting to fight the next battles or war! The question to ask ourselves. Are we so confident of our investing skills and investment return? If yes, then CPF OA and SA after 55 doesn't exist any more as all money in OA and SA have been withdrawn!
Last updated : 14 Sep 2020
I am 64 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 21 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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