After it was announced that CPF-SA would be closed for investors at age 55.
It got me thinking.
Before this there was the whole 1M65 movement.
The idea that you and your spouse can save up $1 million in your CPF combined, before the age of 65 (as early as 45).
And if you park that $1 million in CPF-SA, you’re earning $40,000 a year, or $3,333 a month completely risk free after 55.
Well, that strategy has gone out the window now that CPF-SA is closed at 55.
But with that $1 million – are we able to invest to generate a passive dividend income of $5,000 or more?
With CPF-SA out of the picture – how to invest to replace that passive dividend income?
Crunching some simple numbers.
To get $5,000 a month in dividend income off $1 million.
That’s $60,000 a year in dividend, or a 6% dividend yield.
Is this possible?
Buy REITs, dividend stocks, or property for $5000 a month dividend income?
Let’s start from the top.
The options available are broadly:...
