There's something magical about the CPF

"THIS is not magic; it's just basic mathematics," said Manpower Minister Tan Chuan-Jin in Parliament on Monday.

It triggered my curiosity to find out just how potent the "magic" of compounding interest is and how best to benefit from it.

After all, I left school over 40 years ago. These days, I find myself very dependent on the calculator in my smartphone to do even simple math.