Hi Uncle8888,Hoho, don't think you'll need to decumulate your SA/OA for many years to come!Unless you're helping your kids to buy properties 😬
Do you mean transfer OA to RA or cash top up?Cash Top is earning 4% decreasing compounding interest as there partly principal draw-down.OA to RA will mean 35% less in CPFIS as war chest to invest.More CPF monthly Annuity or more liquidity and war chest?Apple or Pear?Not easy to decide. LOL!
I don't quite believe in voluntary CPF top up. Bad example!
Hi Uncle8888,
ReplyDeleteHoho, don't think you'll need to decumulate your SA/OA for many years to come!
Unless you're helping your kids to buy properties 😬
Do you mean transfer OA to RA or cash top up?
ReplyDeleteCash Top is earning 4% decreasing compounding interest as there partly principal draw-down.
OA to RA will mean 35% less in CPFIS as war chest to invest.
More CPF monthly Annuity or more liquidity and war chest?
Apple or Pear?
Not easy to decide. LOL!
I don't quite believe in voluntary CPF top up. Bad example!
ReplyDelete