After the Budget 2024 announcement recently, the local 'Pro-CPF 1M65' community immediately went into meltdown mode. CPF-rich members were bemoaning the removal of the CPF SA shielding hack. Here is my personal quick take on this issue. Perhaps some lessons to be learnt. Unlike other bloggers or influencers out there, I never ever talk about CPF shielding because it is a loophole in the system. Its removal is very much expected. It is called a ‘loophole’. Loopholes are meant to be closed eventually. When shielding was heavily promoted in the mainstream media in recent years, I knew it is only a matter of time before it is removed. To be honest, I am surprised the government allowed it to go on for so long. The lesson here is not to plan your retirement heavily on a loophole. Do not put all your eggs in one basket. It is always prudent to build multiple...