Personal Finance
Our CPF 2021
By KPO and CZM  •  January 17, 2022
This is a slightly overdue post for a couple of reasons. Besides Baby Ong sleeping much later and staying awake much longer which translate to lesser me/blogging time, the honest truth is CPF yearly interest no longer excites me. lol. Anchor pays out much higher interest (~19%) per block (~6 seconds) vs once a year -.- You can take a look at our last article on how we are using Anchor to semi-retire :) CPF plays a crucial role in retirement planning (probably not so much for us but might still be applicable to you) and should be managed accordingly. Our plan remains to max out MA (which will then overflow to SA/OA), then follow by SA (meeting the FRS) and let compounding take over to ensure that we will always be able to meet the new minimum sum in the respective accounts. Our CPF update will be done annually together with the interests that are being paid out....
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By KPO and CZM
I am Ong and my fiancee (Chan Zui Mao a.k.a CMZ) calls me a Kiam Pok (i.e. stingy/thrifty depending on how you look at it). Hence, the nickname KPO (Kiam Pok Ong). We have decided to name the blog KPO because I have proposed to CMZ successfully and she is officially a KPO too. The purpose of the blog is to list down all the money-saving tips, our investment/journey to financial freedom and to document my life with CZM.

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