Understanding the CPF
Whenever or do we ever discuss the CPF system with friends and family. The actual fact is that I never really do unless it is time to do something about it. That involves tax season or even property tax season. I do feel that it is a system that we think we all know but once we delve deeper, there’s always something new to takeaway. Let us also face it. It is a dry topic and a very long-term one. It tries to mimic a pension fund of some sort with some level of control yet it works differently for different people. I can understand why some people come to dislike the policy but in general, there’s not much hate around it. We also have to be factual that Anti-government does not mean you need to be anti-CPF. Some might differ but I think all tools that...