Personal Finance
Some clarifications on some of my CPF videos and articles
By Growing your tree of prosperity  •  February 28, 2024
      For the past week, we've been working hard to fact-check some of the materials being put up on the Dr Wealth blog. As you may notice, some numbers differ between my article and another Dr Wealth shareholder. Louis Koay's article can be found here.My article is here.I also have a video here. There has been feedback that my article contradicts Louis' as we project a different payout for CPF-Life. I need to write an article to clarify my numbers as they are part of a thought experiment to project the amount of money needed today in our CPF-RA to lead a comfortable lifestyle based on 2021 figures from the Lee Kuan Yew School of Public Policy. In 2021, that number is $1,421; that amount today, assuming 3% inflation, is close to $1,560 in today's dollars. Now I've got a severe problem because most of the tables from...
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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