Before we know it, the end of 2020 is creeping up upon us. We are fast approaching my favourite time of the year when it comes to personal finance blogging – an avalanche of new bloggers will soon join our community For now, I’m taking time off to settle some end-of-year matters as personal life finally settles down a bit for a little peace and much-needed rest. I’m absolutely drained. $5,000 For Mum’s CPF-Retirement Account You might have seen my blog post at the start of the year detailing how I transferred $40,000 from my CPF Ordinary Account into my mum’s CPF Retirement Account. By making that move, she is now able to withdraw $300 every month under the CPF LIFE scheme. I am further strengthening that financial foundation by topping up an additional $2,000 + $3,000 in cash – why not earn some sweet tax relief in the process?...