This post will answer 2 questions:
1) what is the historical CPF Minimum Sum?
2) what is its growth rate like?
Below is a table of the historical minimum sum since 2003.
The actual minimum sum you need to have is in column 'MS adjusted for inflation'.
| Date |
MS in 2003 dollars |
% change in MS in 2003 dollars (A) |
MS adjusted for inflation |
% change in MS adjusted for inflation (B) |
B-A |
Govt stated inflation |
| Jul-03 |
$80,000 |
- |
$80,000 |
- |
- |
- |
| Jul-04 |
$84,000 |
5.00% |
$84,500 |
6.63% |
0.63% |
0.40% |
| Jul-05 |
$88,000 |
4.76% |
$90,000 |
6.51% |
1.75% |
1.72% |
| Jul-06 |
$92,000 |
4.55% |
$94,600 |
5.11% |
0.57% |
0.52% |
| Jul-07 |
$96,000 |
4.35% |
$99,600 |
5.29% |
0.94% |
0.91% |
| Jul-08 |
$100,000 |
4.17% |
$106,000 |
6.43% |
2.26% |
2.18% |
| Jul-09 |
$104,000 |
4.00% |
$117,000 |
10.38% |
6.38% |
6.52% |
| Jul-10 |
... |
...
