A conversation with a reader:
Dear AK,
I have been following your blog regularly for the past two years. I found it very educational and useful for me - an ordinary worker trying to strive for financial freedom.
Among the discussion, I had also paid close attention on those mentioning taking advantage of the 4% interest in CPF-SA. Over the last two years, I had made a substantial amount of transfer from my OA to SA account. With this and my continued contribution, I'm quite confident that I will be able to meet the enhanced retirement sum at 55 years old. This year, I'm also considering voluntary top up to my CPF-SA account.
My question for you is that should i still perform voluntary top up to my CPF-SA given the new regulations ie only $5000 withdrawal allowed at 55 years old and 20% at 65 years old? In the ......