In my previous article on CPF, I made the argument that one should think carefully before making CPF topups because (1) CPF-SA money is locked away until 55, (2) changes to CPF retirement sum or CPF Life can affect your ability to withdraw CPF moneys, and (3) the 4% interest rate on CPF-SA may not match up to equity market returns over a 20 – 30 year investment timeframe. I also argued that CPF topups are best suited for older Singaporeans who are nearer to 55, while younger Singaporeans should consider SRS instead.

Since then, there’s been some really great information and commentary that came to light, that really enriched this debate. So I