Me same situation as you. But i choose to DIY. - US stock (1 lump sum) + SG stock (dividend) (DCA) I treat US stock as fix deposit. I invest 80 - 85% of my salary To retire , 1) u need to calculate ur monthly expense. 2) Assume 4% (conservative) from dividend I calculate for my case when reach 50yr old will have sufficient dividend to live comfortably. (Without selling US stock) U may also need to buy some insurance. As u dont want to sell ur investment when something happen.

Hey there! My colleague has written a comprehensive article on the comparison of the CareShield Life supplements that are currently available. It might answer your queries on whether you should make a purchase. If you're looking to increase your coverage for your long-term care needs with a lower barrier of entry (reduced no. in inability of ADLs), this can be something for you to consider!

Hi anon, You might want to look at short term endowments that will launch in limited tranches every few months. These are capital guaranteed if held to maturity. Such plans will typically lock the money in over 3 years but give a reasonable (considering the interest rate environment now) return of around 2% p.a. on the entire sum. They are single premium plans so that solves the issue of not wishing to pay yearly premiums. They can consider splitting up the amount into 3 tranches of $20K each and putting one batch a year. This way, you will always have a plan maturing every year, which (if you don't need the money) you can 'roll' again in whatever plan is available in future.

Hi anon, Basically, if you take a CPF Housing loan and sell your HDB flat, you'll have to return the principal amount plus any accrued interest to your ordinary account (assuming you sell it before 55 years old). But since you have no intentions of selling your flat, you won't need to return that borrowed amount back into your CPF OA. So there aren't any advantages or benefits in this case. The only thing I can think of is since you decided to use your CPF to pay for your flat, you probably are using cash to build your retirement fund (eg. through stocks, bonds, or a mix of other financial instruments) and can secure a return of more than 2.5% (prevailing interest rate of OA). The fund which you have built up is probably more liquid than if you had left your money in your CPF to grow. Because depending on which CPF scheme you are on (eg. CPF Life) the annuity you get will depend on how much you managed to accumulate in your RA (and your entire CPF account in general). Hope this helps!

Hello Anon, Thanks for the question. It is very timely as I just pushed out this article today. https://blog.seedly.sg/careshield-life-supplements-comparison From your profile, I would think that you would have more cash at hand and would not have any dependants in the future. But on the flip side, you might not have someone to take care of you in the unfortunate event that you suffer from a disability in the future. This is why the coverage is important as you would want enough monthly benefits to hire someone to take care of you in the event that the above happens. From my analysis comparison of the three CareShield Life supplement plans, Aviva is the most compelling option. Please read the article before you speak to a trusted financial advisor and compare the prices between the plans and make the decision. Hope that helps :)

There is no disadvantage and no penalties. The only disadvantage is that the amount you use to clear your HDB loan, for some people, can be used to invest elsewhere and earn a higher return than your loan's interest rate.

Yes I believe so. Essentially you can treat ur SA as part of your bond portion and invest the rest of your spare cash towards a larger proportion of equities, since your SA guarantees returns of 4% p.a. However, do take note that if you plan on liquidating your investments before 55yo (when you can draw out the excess from your CPF after setting aside the minimum sum), then it might be wise to instead not treat the SA as a bond component, since that sum of money inside can't be used for your shorter-term investment goal. This is to hedge yourself from downside risk for your shorter-term investment.