Personal Finance
Here’s What CPF Members Are Doing With Their Cash Withdrawals After Age 55
By Seedly  •  May 10, 2021
If there’s one thing Singaporeans are good at – it’ll be being kaypoh (read: a busybody). Source: SGAG More like most Singaporeans actually… Even though the Central Provident Fund (CPF) is something that most of us have, as with all personal finance topics, it is still something that is not widely discussed. But that doesn’t diminish our interest in how other people handle their personal finance. With all the talk on CPF Retirement Sums, how much we need to earn to reach it, hacks to maximise CPF interest rates, or the popular 1M65 (or 4M65) strategy, using CPF as our retirement fund is definitely part of the plan for most Singaporeans. So how are Singaporeans REALLY using their CPF money after 55 years old? Wanna kaypoh how others are handling their CPF? Get to do so right here… TL;DR: What CPF Members Are Doing With Their Cash...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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