ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Personal Finance v
Using CPF as fixed deposit after age 55

Using CPF as fixed deposit after age 55

Poll: What would you do when you reach 55?
You do not have permission to vote in this poll.
Withdraw as much as possible
31.25%
 5 31.25%
Withdraw some, leave some in CPF to earn interest
0%
 0 0%
Leave all inside CPF and treat like bank account. (Withdraw as needed)
31.25%
 5 31.25%
Leave all inside CPF and treat like bank account. (Withdraw as needed). May even top-up sometimes by voluntary contribution.
37.50%
 6 37.50%
Total 16 vote(s) 100%
* You voted for this item. [Show Results]

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
brattzz Offline
Posting Freak
*****
Posts: 2,512
Threads: 24
Joined: Sep 2010
Reputation: 19
#12
04-09-2014, 12:17 AM (This post was last modified: 04-09-2014, 12:18 AM by brattzz.)
(03-09-2014, 07:58 PM)funman168 Wrote: I have this problem.
I am only in my late 30s but I hv the below in my accounts

Cpf OA: $500k
Cpf ma:$50k
Cpf sa:$70k

I hv already bought my condo, o/s loan abt $600k

Shld I also consider to add another $100k into cpf so
That can max cpf benefit n nt pay interest?

500K in your CPF OA??! oh my goodness! how did you get that?! Big Grin
u brought 100K of OSIM at 9cts in 2009 using CPF?
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Find
Reply


Messages In This Thread
RE: Using CPF as fixed deposit after age 55 - by brattzz - 04-09-2014, 12:17 AM

Forum Jump:


Users browsing this thread: