Your guide to navigating CPF changes and SIA + Nvidia earnings surprises There was much discussion this week about the changes to the CPF system announced in Budget 2024.  In particular, there were many questions on how closing the SA account at the age of 55 will impact our retirement planning. To start to navigate these changes, we must first understand the CPF Retirement Sum, including the Full Retirement Sum (FRS) and Enhanced Retirement Sum (ERS). Next, we must also understand how CPF LIFE provides us with monthly payouts regardless of how long we live, with the premiums paid for by our Retirement Account savings. Through these changes, what is clear is that we must take more active steps in ensuring we have an adequate egg nest for our retirement. If you are looking to make your savings work harder, we have an upcoming 6-month Singapore T-bill auction on 29 Feb. We find out if the yield will rebound further in the auction. ...