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A CPF Talk during the Weekend
By Azrael's Financial Cents  •  May 27, 2019

I was thinking to brush up my knowledge on CPF, so I decided to attend a CPF Event named "Maximising Your Money". Unfortunately, I didn't benefit from it as much as I would like (partly because the speakers had no time to really go indepth due to the lack of time).

Here's the event description from the CPF website:

But here's some things I find are key takeaways:

For Mr Soh's talk

CPF has a retirement calculator that determines the amount of savings you need based on your desired age and retirement lifestyle (it allows you to specify your own rate of return etc). I didn't know that CPF actually has one. I mostly use excel myself manually or the CPF LIFE Estimator.

Forced savings is sticky, CPF is a good example. CPF forces people to save when they work so they have funds for various purposes.

Compound interest is rather powerful, paired with

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By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
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