Long time regular readers of my blog might remember that I like saying the government is working hard to help partially fund our retirement. If we want the government to work even harder for us, make sure we hit the prevailing Full Retirement Sum (FRS) in the CPF-SA and also the Basic Healthcare Sum (BHS) in the CPF-MA as soon as possible. The magic of compounding is even more magical given a larger base and longer time for it to work. The CPF-SA and CPF-MA enjoy a floor rate of 4% per annum which, even in today's environment of higher interest rates, is still very attractive. The CPF-OA, of course, has a floor rate of "only" 2.5% p.a. which until a few months ago was also very attractive. Money in the CPF-OA was also working hard but only not as hard as money in the CPF-SA or CPF-MA. It is like working for a...