Personal Finance
Reviewing our CPF strategy and approach
By Finance Smiths  •  December 24, 2017
Merry Christmas everyone! I will be busy with gatherings and celebrations over the next 2 days so I might as well send my well wishes earlier. We have finished our Christmas presents shopping and are ready for the gifts exchange tomorrow evening after dinner. The shopping areas have been really crowded during the weekends and I’m glad I no longer have to jostle with people for now. Anyway, I logged into my mum’s Central Provident Fund (CPF) Online Services today afternoon after having lunch with my family. I was helping my mum transfer her Ordinary Account (OA) and Special Account (SA) balances to her Retirement Account (RA). She still does part-time work every week to occupy her time and receives some CPF contributions. My mum’s CPF Life Payout Eligibility Age is 65. With every passing year, she gets closer to the day she starts receiving her CPF Life monthly payouts. ......
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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