Oh, puh-lease lah.
Many or most Singaporeans do not realise what a good thing the CPF is.
This is the truth.
Many do not trust the CPF but are willing to put their money in alternative investments.
It just boggles my mind.
The CPF will help us secure a measure of retirement funding adequacy because we will retire with
1. an investment grade bond(excess beyond prevailing Full Retirement Sum can be withdrawn at age 55)
and
2. a lifelong annuity (CPF Life) that pays us monthly from age 65.
Which part of this is hard to understand?
Whether alternative investments or more conventional forms of investments, in my opinion, they are not risk free nor volatility free.
Risk free and volatility free CPF gives me peace of mind ...
...
