When it comes to using our CPF accounts, many Singaporeans would think of only using it for their housing needs. While this might not necessarily be wrong, there are actually more ways in which our CPF accounts can be used to our advantage.
In this post, I will be sharing some of the other ways in which you can utilize your CPF accounts.Do note that you should not blindly follow these methods as each of them have their own trade-offs. Rather, you should assess your own circumstances and decide if these methods would be beneficial to you or not.
With that said, let’s dive right in. Making CPF a foundation for retirementWhen CPF was first introduced in 1955, it was established as a system for Singaporeans to build up their retirement savings. It was only later down the road was the system expanded to provide for
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