Hmm ...
One reason Uncle8888 recently came to know : Lock up this money in the CPF system till their children reach 55 so they can become richer with parental cash support.
Do they mean that they are going to leave behind very LITTLE or NO inheritance for their children?
Which is likely to be larger?
Inheritance or CPF when their parents have so much surplus cash to think of topping up their children CPF accounts?
Looking at Pennies; but forgetting those Pounds to be picked sooner than expected?
Okay. They also mean they will set up Trust to protect the Inheritance too.
Then this is smart financial decision!......