Personal Finance
First Top Up to CPF SA in 2021
By Live Rich Life Free  •  January 12, 2021
It is slowly becoming a routine for me to top up my CPF Special Account under the Retirement Sum Top-Up Scheme (RSTU). Under RSTU, the main benefits are to earn the risk free 4% interests from CPF SA and to enjoy tax reliefs for up to $7k. I have topped up $5k today. I will need to top up $2000 more in Feb 2021 to complete the $7000 CPF SA top up. After which I will start to top up my Supplementary Retirement Scheme (SRS) account. I will be in a low cash position for at least 1st Quarter of 2021 before I can start building up my war chest to hunt for the next investment target. But since there are not many buying opportunities now and with the results reporting season looming for the Reits, I will just sit back and enjoy the numerous A...
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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