Personal Finance
How to be a CPF multi-millionaire in uncertain times -1M65, 4M65 or 5M65?
By Endowus Insights  •  October 29, 2020
With economic damage and financial market volatility, people in Singapore are still worried about their job security and their future more than ever. With so much uncertainty in the current environment, how can anyone even begin to think about planning for retirement? Is building millions in your nest egg a pipe dream or a real possibility? In this session co-hosted by Loo Cheng Chuan (Founder of 1M65 & entrepreneur) and Sam Rhee (Chairman & CIO of Endowus), they discussed: 0:00 Introductions 8:16 Endowus offering as a fee-only, independent digital wealth advisor 14:00 Importance of Financial Safety Net/ Iron Dome 20:35 The power of compounding leading to 1m65 27:03 Being a CPF multi-millionaire 31:15 Tips on how to be a CPF multi-millionaire 37:55 QnA Part 1 41:10 How property investment stops us from being a CPF millionaire 45:30 Diversifying out of Singapore investments 57:40 Why timing the market is impossible...
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By Endowus Insights
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.
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