Many kopitiam uncles and taxi drivers have thrown a ton of criticism at Singapore’s Central Provident Fund (CPF) with regard to how it’s locking up our funds for far too long before we can even get a chance to touch it.

Source: AsiaOne

For the longest time, I’ve always been curious as to how our CPF stacks up against retirement schemes in countries like:

Malaysia (our neighbours) Hong Kong (the other Asian Tiger that is often compared against Singapore, and of course United States of America (USA)

So I went online in search of answers, but I couldn’t find any concrete evidence that our retirement scheme is any better or worse.

By the way, this is #NOTSPONSORED. I’m just a curious citizen who is very concerned and involved when it comes to MY money – much like many of you who are reading right now.

TL;DR: Is Our CPF REALLY