After waking up on the first morning of Year 2021, the very first thing I did was to check my CPF account balances. Yeah. This is in anticipation of the amount of interests that will be earned for 2020. Even though CPF monies do not seem to be like real monies, I believe they are still illiquid monies that can be used to fund our retirement in our late lives, purchase properties, pay for education fees of children, pay medical bills. Here are my first passive income streams in 2021: OA Interest: $4,307.01 SA Interest: $5,909.75 MA Interest: $2,376.17 In total, I received this amount of interests from my CPF savings: $12,592.93 This is a 17.9% increase from $10,679.05 which I received in 2020.
On a side note, I noticed that the interests earned from Medisave account can easily cover the premiums for Careshield life ($165 for...