Personal Finance
How younger members can get 6% per year from the CPF?
By A Singaporean Stockmarket Investor (ASSI)  •  June 16, 2016
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: AK, 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......
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By A Singaporean Stockmarket Investor (ASSI)
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