Personal Finance
National Day Rally 2014 – CPF and Retirement Adequacy
By SG Young Investment  •  August 18, 2014
The speech by Prime Minister Lee at the national day rally yesterday was quite a good one. He touched on various aspects of Singaporeans lives such as education, retirement and living environment. This year, one of the focus was on retirement. As such, the CPF system was brought up again. PM Lee jokingly said that during last year's national day rally, he was a real estate agent where he talked on issues of housing. This year, the real estate market is not doing well so he became a financial planner. He used a ficticious couple as an example and explained how the CPF system works including explanation on the minimum sum, pledging of property and lease buy back scheme etc. I thought he did a very good job in presenting the CPF in a simple and relatable way which most people can understand. Interestingly, after his speech yesterday, there were ......
Read the full article
By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance