As you approach retirement, managing your CPF funds efficiently is crucial for ensuring financial security during your golden years. With the closure of the CPF Special Account (SA), it’s important to understand how this change affects your retirement planning.
This guide will explore the various ways retirees and pre-retirees can optimise their CPF funds, taking into account their evolving financial goals and needs. From investment options to asset allocation strategies, we’ll break down everything you need to know to make the best informed decision for your retirement.
If you’re looking to grow your retirement savings with a low-risk, stable return, Syfe’s Cash+ Flexi SGD and Income+ portfolios are great options to consider. These portfolios combine both growth and stability, ensuring that your funds work hard for you, even in retirement.
What Does the SA Closure Mean for You?
When one reaches the age of 55, their CPF Special Account will be closed as they transition to the Retirement...