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HL Low

02 Oct 2021

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How easy to use our CPF OA to invest using Endowus? How fast is the withdrawal like when you need the CPF OA to purchase house?

Hi,

I would like to understand how easy is it to use our CPF OA amount to invest using Endowus?

As compare to the CPF OA interest 2.5% pa, is Endowus perform better if we invest using Endowus?

How fast is the withdrawal back to CPF OA account, if you intended to use this amount to buy a house in 3yrs time?

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Tan Choong Hwee

Edited 02 Oct 2021

Solutions Specialist at Providend

It is pretty easy to invest using CPF OA in Endowus. If you have your own CPFIS Investment account, just link it in Endowus; if not, Endowus will open an UOB investment account for you as part of the account opening process. Then you just set up a goal to invest in their advised portfolio for CPF and you are done.

Endowus will show you the performance chart for various return projection. Typically better returns than OA 2.5% pa.

Sell and withdraw your OA investment takes about 6-8 business days:

https://endowus.com/support/360000663893-how-do...

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Should I a) use my CPF OA funds to invest in Endowus or b) transfer my OA balance into SA to earn 4% interest? (Assume house is already bought and no other use for OA funds)?

For someone who has yet to purchase a house and has plans to use CPF for it, is it still wise to invest parts of the OA with the robo-investors?

45 yrs old, saving for retirement. I'm thinking of investing my OA aggressively using Endowus. But does that mean I need to liquidate all my funds by 65 yrs old latest to optimize CPF Life payouts?

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Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

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Should I a) use my CPF OA funds to invest in Endowus or b) transfer my OA balance into SA to earn 4% interest? (Assume house is already bought and no other use for OA funds)?

For someone who has yet to purchase a house and has plans to use CPF for it, is it still wise to invest parts of the OA with the robo-investors?

45 yrs old, saving for retirement. I'm thinking of investing my OA aggressively using Endowus. But does that mean I need to liquidate all my funds by 65 yrs old latest to optimize CPF Life payouts?

If you invest using CPF OA, will the investment proceeds go back to the OA that I can use for housing eventually or will it go to retirement account?

Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

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