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Anonymous
I’m already at retirement age—62, turning 63 soon—but have chosen to continue working until I begin my CPF drawdown in two years.
I opened an SRS account years ago primarily for tax savings. However, my investments within the SRS have not performed well, and the account is currently at a significant loss. My initial plan was to withdraw the funds gradually over 10 years to minimize taxes after I stopped working. That said, I find it difficult to proceed while the account remains in the red—I’d prefer to recover some losses before withdrawing.
I came across a write-up on investing in Mag 7 and wondered if that could be a viable approach, particularly using the funds within my SRS. What strategies should I desperately adopt in my current situation?
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Paola gomez
Edited 25 Mar 2025
Investment at Capital trade
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At your age, you really might want to stay away from high risk equities due to your time horizon. Invest in the safer assets like SSB, T bills, short term fixed deposit.
#Not proper financial advice.
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Not sure myself
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Investing your CPF savings can be a great way to grow your retirement funds, but it’s important to balance risk and potential returns. This article breaks down the key considerations and options available. Worth a read!
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@ slope game I find some info here....
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Well you should change your investment company and look for a more stable and convenient company like capital trade and you do a 50% investment to earn daily and with time you can increase to monthly or yearly