Following my last blog post on a reader's predicament and an earlier blog post in which I said people are naturally attracted to large numbers, I decided to share my CPF-SA numbers publicly for the first time and hope that it will have some positive impact on anyone who might still be wondering if beefing up his or her CPF-SA is a good idea.
I have been pretty consistent in my message that beefing up our CPF-SA early would help us achieve retirement adequacy in our golden years. Even if we were to stop mandatory contributions after some time, once there is a critical mass in our CPF-SA, the interest received annually would go a long way to meeting the (much feared annual) increases in the minimum sum over time.
In my case, I significantly beefed up my CPF-SA in the first 4 years of my life as a working adult. That ......