Have you ever thought about CPF as more than just a scheme to lock Singaporeans’ money?
There could be a lot more to it if you dig deeper – like really deeper.
There is a reason why most financial advisors actually advise you to keep your money with CPF.
Not because CPF pays them, but because CPF as a scheme is quite good – except the part where you cannot withdraw money as and when you like.
Instead of looking at the CPF Retirement Sum as a target where you can withdraw money after a certain age, look at it as a Savings + Medical + Life + Home + Annuity insurance plan.

Savings Insurance
It helps you save up money for housing, medical, kids’ education, and retirement.
The “forced to contribute” part ensures that you really save your money every month.
The “cannot withdraw” part ensures that you do …