Reaching 55. Congratulations! You are now senior citizen in Singapore.
You have special privilege. The National Bank of Singapore upon you reaching 55 will automatically setup a special saving account for you and let you enjoy the best interest rate at 2.5% in Singapore. You are entitled to one withdrawal per year for any amount at any time between your two birthday. I am pretty sure that your younger colleagues, friends and relative will be jealous of your super interest rate in the current market condition.
CPF Investment Account
Do you have some long-term stocks in your CPF investment account receiving good dividends?