Personal Finance
I was right! Sort of….
By Value Warrior  •  May 31, 2023
I wrote a post around a year ago on if it is still worth it to top up your CPF in a high interest rate environment. In that post, I talked about how it still make sense to perform Retirement Sum top up to your Special Account as based on the way the SA interest is calculated, there's a high chance that it can go past 4%! Well one year later, I was right! Sort of.... 0.01% right to be exact! Hahahaha. CPF Special Account and MediSave Account interest increased  by 0.01% for the quarter starting from 1st July to 30 Sept. Well I am glad that the CPF interest is indeed increasing with the rising interest rate but this is a really modest increase and it is definitely not high enough for me to update the CPFcalculator to reflect this increase. Thanks for reading and do support me on my referral page. Stay Safe and Happy CPFing!...
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By Value Warrior
A regular working Joe starting out his value investing journey. I started my investment journey late at the age of 34. Looking back i wish i had started earlier so that power of compounding can work its magic. Nevertheless a good time to start investing is always NOW!!! So here i am having started this journey, i planned to reach Financial independence at age 65. Wish me luck.
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