Read? The best Bond fund in Singapore for senior citizens!

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?

If yes, don’t close your CPF investment account to transfer them to CDP as cash stocks.
You can do something wonderful with those stocks in your CPF investment account.
Emergency Fund
Do you maintain several bank Fixed Deposits at low interest …