Well, as you know, many online articles (especially US, at least from my experience) advocate saving at least 20% of your income.

And as we all know, whether we like it or not, 20% of our salary is usually saved automatically into an account we call CPF.

But that’s not the full story.

Fortunately for us, similar to the 401k, there’s sorta a matching contribution, just that instead of 1:1, we get along the lines of ~1.2:1.
They would contribute about 17% every month as well.


One day, I was pondering about why are we so hard up on money for retirement, despite the significant amount set aside for us?

One reason, I thought was overextending ourselves for housing, depleting our OA, but surely, our SA help to buffer somewhat no?

So I decided to do some simple estimation on the actual net savings we have via …