Advertisement

Gabriel Tham

Tag Team Member at Kenichi Tag Team

12 Jun 2019

∙

In a hypothetical situation, if everyone withdraws all their CPF today, will CPF have enough cash or liquidity for that?

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Chris Chin

12 Jun 2019

Senior Supply Chain at Mnc

Nope, CPF don't have so much cash or liquidity, as they need to commit the funds to low risk investments, financial instruments and money markets to pay you the CPF interest.
However, that is not a problem, as they can always issue virtual credits or Govt guaranteed IOU to account holders to use in daily transactions.

Reply

Save

Charmaine Ng

12 Jun 2019

The Value Maximizer at @ Every Ma La Xiang Guo Stall

Nope. Given that CPF money are invested into other monetary instruments; it can be safe to say that if today there is a panic and everyone rushes to withdraw their cpf then we will see the situation whereby CPF may be empty.

It will also affect other financial institutions that have CPF investments.. since CPF would want to liquidate some of the investments to either put back into CPF as emergency (assuming emergency would be used up which is highly plausible if everyone withdraws) so on and so forth.

Reply

Save

Lee Jiahui

12 Jun 2019

Maybe we should qualify it is everyone eligible to withdraw all their cpf.

2 groups :
1. Those who ...

Write your thoughts

Related Articles

Related Posts

Noob question here.. my mom is 60 yo and has 40k in CPF only in retirement account. Can I top up to her CPF by cash or transfer from my CPF to her so that she has enough to "cash out" her CPF?

If today you’re a self employed and have $20k set aside for tax reduction, which would you choose and why? CPF voluntary contribution VS CPF Cash Top up relief VS SRS contribution?

How do you manage your emergency fund? Typical cash management solutions seem to have 1-3 business day withdrawal period. Are there any liquid instant withdrawal options better than a savings account?

I just want to hear everyone's answers and get some insights about our community at large. As a benchmark, how much assets or savings (liquidate cash) should I have at this age or different life stages?

After setting aside ERS and fully paid residential home, I have near to $2 mil in investible amount (cash, maturing insurance, SRS, CPF). Any advice from the panel on what is most appropriate in my situation?

Related Posts

Noob question here.. my mom is 60 yo and has 40k in CPF only in retirement account. Can I top up to her CPF by cash or transfer from my CPF to her so that she has enough to "cash out" her CPF?

If today you’re a self employed and have $20k set aside for tax reduction, which would you choose and why? CPF voluntary contribution VS CPF Cash Top up relief VS SRS contribution?

How do you manage your emergency fund? Typical cash management solutions seem to have 1-3 business day withdrawal period. Are there any liquid instant withdrawal options better than a savings account?

I just want to hear everyone's answers and get some insights about our community at large. As a benchmark, how much assets or savings (liquidate cash) should I have at this age or different life stages?

After setting aside ERS and fully paid residential home, I have near to $2 mil in investible amount (cash, maturing insurance, SRS, CPF). Any advice from the panel on what is most appropriate in my situation?

Advertisement