Darry is the reason for this blog which is really my reply to his recent catalytic comment.
There are many gems in the comments section of ASSI and if you have not read Darry's comment, it is in my last blog entry and I have hyperlinked it at the end of this blog.
Actually, you might want to read his comment first as it would help you better make sense of this blog entry.
Hi Darry,
I am thinking of doing this (i.e. not doing VC to MA but simply doing VC to all 3 CPF accounts) when I turn 50 as the CPF Allocation Rates for members age 50 to 55 will place a bigger proportion of our contribution into the SA.
Just based on eye power, the increase in contribution to the SA looks like it will be a big jump of more than 40% once I turn 50 and this will last till I am 55....