In a blog published in February 2019, I said that even if I were to stop doing voluntary contributions to my CPF account then, I would have approximately $1.5 million in CPF savings when I hit 65 years of age.
If you are a new reader or if you don't remember, read the following blog.
See:
$1.5m in CPF savings by doing nothing henceforth.
Why did Albert Einstein call the power of compound interest the "8th wonder of the world?"
You tell me.
In a more recent blog, I revealed that I was doubling the amount of financial support for my parents.
I also said that I would like to continue making voluntary contributions to my CPF account, maxing out the annual contribution limit, till at least age 55, barring unforeseen circumstances.
Crossing fingers as that means another seven years of maximum voluntary contributions.
I said I might want to enjoy life a bit more and stop doing voluntary contributions to my CPF account after I have accomplished that....