Personal Finance
CPF Life: Why $1,600 Monthly Payout Beats 4% Interest!
By Kelvin Learns Investing  •  July 30, 2024
Are you curious about how CPF Life payouts compare to the 4% interest rate from CPF itself? In this video, we dive deep into the math behind the $1,600 monthly payout and its implications for your financial future. We’ll explore the withdrawal rate, how it impacts your portfolio, and what happens if you outlive your CPF savings. Plus, we’ll discuss the differences between the standard and escalating CPF Life plans, and which might be the better choice for you. Don’t miss out on this essential financial advice that could shape your retirement planning!...
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By Kelvin Learns Investing
Hey! Kelvin here! I talk about money related stuff like investing, credit cards, how to save money to retire early!
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