Singaporeans are polarised when it comes to Central Provident Fund (CPF); some can’t stand it, while some are huge CPF fans. Speaking of CPF fans. Source: Nigahiga | Funnycutegifs On Wednesdays (1 December 2021), the CPF board (via The Business Times) said in a statement that: The number of people topping up CPF accounts for the first time has doubled compared with 2020, with 1 in 2 first-timers above 50 years old. It noted in a press statement that more than 220,000 CPF members have topped up their own or their loved ones’ retirement savings, leading to the amount of top-ups crossing a new peak of $4 billion as at November 2021. The full-year figure for 2020 was $3 billion, also a record then. Granted, the 220,000 CPF members make up only 5% of Singapore’s 4.08 million CPF members (as of Q2 2021). But the crazy thing is that each person, on average, topped up about $18,181 to their CPF accounts....