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Alvin Lee

01 Jun 2023

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CPF

Should we leave the monies in CPF or take it out?

Discussion (14)

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Such option is available only to those 55 yo and above. If you could beat CPF interest rates, by all means, withdraw your monies. However, not sure can one deposit the monies back to CPF when there are no "safer" investments with better ROI?!

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Hi, there's no harm in leaving your money in CPF as its interest rates can help you grow your money. You could also look at the CPF Investment scheme.

Leave the money in CPF, treat it as a retirement ATM. For old folks, try not to take too much risk in managing your own money and investment.

Just withdraw amount needed to use on a regular basis, paynow means the cash is almost immediately c...

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