2014
2015
Inspired by AK, I've decided to take a look at my CPF's interest for 2015 compared to 2014.
- I did not use any CPF sums for investments.
- I am using my CPF to finance my (co-owned, parent's) house currently.
- I transferred a small sum from OA to SA during 2015
Interest for OA and MA increased moderately year on year, but SA's interest exploded by 60%.
With $23k in my SA now, and a constant contribution from now until age 55 (assuming no pay increase or special bonus),
My SA will hit $205k when I am 55 years old.
If I compound the BRS at $80,500 at 3% increase annually, it'll be $165k when I'm 55.
If I compound the FRS at $161,000 at 3% increase annually, it'll be $330k when I'm 55.
Just my SA alone will allow me to achieve the BRS (not ......
