The CPF system can be rather confusing if we are trying to set up our CPF in a way that fits our financial plan.
In order to do that, we might need to understand a certain aspect of CPF. If we do not, then we might make some decisions that are difficult to reverse.
One area that is confusing for many is how much can you take out of your CPF after 55-years-old.
The short answer is that it depends, which is not the most satisfying answer and it is because of how confusing the CPF is.
So today I will try my best to see if I can lay it out clearly.
But before that, I may need to explain some stuff so that those newer to the CPF can understand things better.
You may be able to withdraw a certain amount of your monies in CPF
The main role of our CPF is to set aside enough money for...