How to work your CPF savings harder to fight inflation
Withdrawing CPF savings to indulge is alluring. But many of us should be financially prudent as we could live to ripe old ages
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I TURN 55 soon. Fortunately, 55 is not the retirement age in Singapore.
Currently, I am happy writing and podcasting, as well as doing ad-hoc projects. I hope to be gainfully employed for many more years.
Still, turning 55 marks a milestone when it comes to one’s Central Provident Fund (CPF) savings. Upon turning 55, you set up your Retirement Account (RA), which is funded by savings from the Special Account (SA) and Ordinary Account (OA).
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