Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (6)
Read? It's good to be inefficient
CW8888 said well done to Brolp! Thumb up!
1. Channeling all our CPF-OA into CPF-SA to capitalise on the higher returns, especially when you haven't been hit by the financial bombs.
Yes, you do get higher returns but SA is not good for much use until years later down the road. In the meantime, there is the present to deal with. What happens if you run into employment issues and have problem servicing your loan? The transfer is irreversible. You can run a very tight and efficient ship but you need to be a very experienced captain who can foresee problems years before they crop up. If not, you sail fast but the moment a severe storm hits you, you're going to have a big issue.
CW8888:
For compounding our FUTURE money @1.5% more ......
