Personal Finance
Voluntarily Cash Top Up To Our Children CPF Account When They Are Young For Compounding Interests
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  March 27, 2017
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!......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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