Reader: Thank you for sharing your financial journey and thoughts on your readers’ queries with us. My husband and I bought a BTO 4 room HDB flat 4 years ago. We are thinking of changing our HDB from a 4-room to a 3-room flat some time after the MOP (5 years). We are thinking of transferring the monthly CPF-OA contributions, excess of our monthly repayments, to SA for the 4% interest. My father is 63 years old and my mother is 57 years old. If I am not wrong, topping up $60K to my father’s RA means he can apply for CPF LIFE. The monthly CPF LIFE payouts will be about $360. AK: If you have no other use for your CPF-OA savings after the move, transferring the money to the SA is always a good idea if you are thinking about a more secure retirement. Let the magic of compounding do its work. Your savings will amount to much more 20 years later......