$1m gone in one year: Widow of killed Changi Airport worker is now broke

[yeokiwi]

I wonder why the paper publish this?
To encourage people to give again or to warn us all that even with the best intention to help people, sometimes things just go awry.
I really do not encourage folks to give again really...... I mean yeah, maybe she was conned of $300,000, still she squandered away $600,000 in the remaining months, in at most 11 months?
How you can do that is beyond me.......

Well, obviously, it is the CPF issue.
Lump sum withdrawal at 55? Many of them will squander it before 60.

Interestingly, CPF/minimum sum/CPF Life are meant to help the lower income but the ones who are fervently against them are the lower income earners.

Most rich folks here do not seem give a hoot about the CPF.