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Anonymous

20 Apr 2023

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How do I calculate the compounded interest for 10 years, if: Current bal in SA: 145K Monthly contri in SA: 479 Period: 10 years

Please help me calculate the final sum in SA if:

Current bal in SA: 145K
Monthly contri in SA: 479
Period: 10 years

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Lovestar

Edited 24 Apr 2023

Use valuewarrior calculator https://valuewarrior.blogspot.com/p/cpf-calcula...

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LLy

20 Apr 2023

You can also use the calculator provided in CPF website, but you also have to input the interests rate manually & select "What is the final value of my savings or investment?"

https://www.cpf.gov.sg/eSvc/Web/Schemes/Savings...

I wonder why they (CPF/govt) don't do one for CPF accounts, ie they programmed in the EIR (with the extra 1% bonus) and we don't have to input manually.

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Pang Zhe Liang

20 Apr 2023

Lead of Research & Solutions at Havend Pte Ltd

You may apply the concept on Time Value of Money to perform the required calculation. For this purpo...

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For Syfe Equity 100, the average annual return is around 13.8%. Can I calculate my projected return for 30 years with 13.8% using compound interest calculator?

What is the reason why CPF say by topping up your CPF SA in January each year earn more interest? Does that mean other month I will earn less interest?

I am considering Endowus but it needs to start at min 10k using CPF and monthly RSP for 10 to 15 years. With current Covid-19 market conditions and going down the road, should I wait for months to see and start later?

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Do you think the CPF interest rates will increase or decrease in the next 20 years? Currently OA is 2.5%, SA is 4%?

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