Invest
Learn why investing your CPF is key for your retirement | Endowus SG
By Endowus Insights  •  February 4, 2025

Can you lose money by doing nothing with your CPF OA? 

From 1961 to 2024, Singapore’s average inflation was 2.6% and in the past 4 years 3.9%. This is the pace at which the cost of living is rising and it is often greater than the 2.5% threshold of the CPF Ordinary Account (CPF-OA).  Put another way, the value of your OA balance in real terms, if left alone, has been declining by -1.4% on average for the past 4 years. That is a sobering thought.  In 2023, as interest rates spiked, CPF members pulled an unprecedented S$5.9 billion into their CPF-Investment Scheme. The total net amount withdrawn for CPF-IS from 2022 to the second quarter of 2024 is S$9.6 billion – the largest in its history. The total balance stood at S$27.2 billion at the end of that period, a growth of 58% in less than two years.  CPF...
Read the full article
By Endowus Insights
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance