Personal Finance
CPF Report 2020 – First Half Update
By Turtle Investor  •  July 8, 2020
The Central Provident Fund (CPF) is a central piece of the puzzle for my FIRE journey and it is no surprise that it will continue to feature prominently on my blog. I have been posting CPF updates (you can mouse-over the Reports tab on the header menu bar) on my blog for the longest time because to me, that’s accountability and 100% transparency in terms of tracking my journey. In this new format, I will be posting CPF-related updates every January (full-year) and July (mid-year). Obviously, this series of posts isn’t a pissing contest. At the time of writing for the original blog post in 2015, my combined balance in CPF-OA and CPF-SA was a modest total of $56,000 Singapore dollars. By the end of that year, it had grown to $65,748 – hardly worth flexing at all.

No CPF top-up was done

My charts below will paint an accurate, realistic and full picture – one that did not contain a single cent of CPF top-up....
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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