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Anonymous

14 Jun 2020

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My husband is the only one making CPF contributions in the family. Should I be worried that my CPF account has almost nothing?

I got married at 23 years old and have not worked since 21. I don't plan to get a job as my husband is the one supporting the family. Should I be scared that I might not have anything available to withdraw once I reach retirement age?

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Samantha

14 Jun 2020

Yes, you should be. And what makes you think that he’s going to continue supporting you for the rest of your life? As the saying goes, 靠山山倒靠人人跑靠自己最好. Don’t make yourself dependent on someone else for money, go earn your own.

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Loo Cheng Chuan

14 Jun 2020

Founder at 1M65 Movement

Please go and get a job.....

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Elijah Lee

09 Jun 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

I would highly recommend that you take a look at utilizing CPF as a foundation for your ba...

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How does one make the most of their income if their salary does not come with CPF contributions?

How will making a voluntary cash top-up to one’s Special Account help in optimising their CPF savings?

Can I volunteer to contribute all my CPF account (OA,SA,MA) as an employee? Can I also contribute my child all CPF OA,SA,MA? I had contributed SA or MA for my child and me before.

What happens when I’ve contributed more than the annual limit of $37,740? Will my employer continue to make CPF contributions, or there’s no further CPF contributions from me and my employer?

My MIL 79 years old this year, her CPF Retirement account almost empty. If I top up her account using cash as allowance, which scheme is better? The Retirement Sum Scheme or CPF life scheme?

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