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Anonymous
Understand that cash on hand is more liquid and give more options to spend on other essentials expenses. Moreover, CPF money is meant for retirement and does CPF meant I could have lesser for retirement?
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Use CPF if thats your final home, use more cash if you are planning to upgrade in the future.
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We pay with CPF as default, then along the way, when the spare cash lie around, we do "voluntary HDB...
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Combination of both would be good - my take is to reduce interest payable to banks/HDB (longer loan term, higher interest payment). Best if the loan can be paid before your earning power decreased as you get older (u can use that as a target), as we age, OA contribution also lesser.
but of course if able to invest the cash (at higher rate than loan interest) then ok to pay the loan interest (go all CPF-OA).
CPF-OA + CPF-SA is for retirement.