Personal Finance
CPF Life vs Retirement Sum Scheme (RSS): Which Is For You?
By Singapore Financial Planners  •  May 25, 2024
Retirement planning can be daunting, but understanding your options is key to a secure future. Having navigated the complexities of financial planning myself, I know how confusing it can be. That’s why I’m here to help you understand CPF Life and the Retirement Sum Scheme (RSS) – 2 essential tools for ensuring financial stability during your golden years. In this post, you’ll learn:
  • What CPF Life is and how it works
  • The ins and outs of the Retirement Sum Scheme (RSS)
  • Key differences between CPF Life and RSS
  • What happens to your savings in each scheme when you pass on
Did you know that many retirees outlive their savings due to inadequate planning? Let’s make sure that doesn’t happen to you. Ready to take control of your retirement planning? Keep reading to find out which scheme best suits your needs! What is CPF Life? CPF Life is a national annuity scheme designed to provide Singaporeans...
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By Singapore Financial Planners
We believe in the power of financial literacy. It’s unfortunate that schools do not provide crucial life lessons like financial planning. Thus, we created Singapore Financial Planners to create a space where we provide financial education so that you can make an informed decision.
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