I have regularly blogged about how CPF members should grow our CPF savings and make it a cornerstone of our retirement funding strategy.

I have shared my own approach and also my results here in my blog which I have been told have inspired many readers to adopt similar strategies.

Over time, some readers have written to me to share as well and I am happy to share one email here today from a regular reader:


My mother is 77 years old. Her CPF Retirement Account has about $300. I would like to top up her RA account to $60,000 to take advantage of the interest rate of first $30,000 is 6% and second $30,000 is 5%. 

I am planning like in 10 years time the growth will be sizable and relatively risk free. I will get her to nominate me as the beneficiary of her CPF savings…