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Anonymous
Hi, I'm 29M and planning not to retire in Singapore. What should I do if I want to plan for retirement? Should I still top-up my CPF SA?
Also, do I just keep my money in a high-interest savings account and withdraw when I'm about to retire in another country? What if I invest in some blue chips now - would you recommend to sell it when I reach retirement age?
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Keeping money in a high-interest savings account is safe but might not beat inflation over the long term. It's good for emergency funds and short-term goals, but not the best for long-term retirement planning.
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Hi Buddy!
there are few aspects to this. Are you planning to retire at the age of 55/60 or plannin...
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Great timing — I just built a retirement calculator that can help model exactly this! You can toggle CPF on/off to see how SA top-ups affect your retirement projection. Link in my post above if you want to try it!