Advertisement

Anonymous

29 Dec 2020

∙

Understand that the 1M65 strategy that Loo preach is based on his story from him and his wife. What about singles? Can we also achieve his method if we do not have a partner?

If I am single, it is also unlikely that I will be able to save as much as what Loo and his wife did.

5

Discussion (5)

What are your thoughts?

Learn how to style your text

Gerry

29 Dec 2020

Hi anon!

I have tried calculating my cpf as well as i am a single as well. I am currently using this calculator:

https://geek.sg/tools/cpf-forecast/

it helps me to forecast my cpf as well as calculate potential figures if i were to top up cash to my SA. Do take a look!

Reply

Save

Shengshi Chiam, CFA

10 Jun 2020

Personal Finance Lead at Endowus

I am single - and I am well on my way to a very nice CPF balance - the biggest concern is definitely housing though!

Reply

Save

CH

05 Jun 2020

I just like to share that an advantage of being single is that you do not have to consult another pa...

Write your thoughts

Related Posts

If everyone does what Loo does, how can the govt give all of us a million when we achieve 1m65?

How can I use the 1M65 or 4M65 strategies to retire comfortably? It sounds too good to be true now and if it's so easy to achieve, then why aren't more people using CPF to be a multi-millionaire?

From what I understand in 1M65, we are required to put in large amounts of money into our CPF when we are younger. Wouldn't this be difficult to achieve given the expenditure on education or marriage?

I don't have a partner but I want to get a BTO before 35. I have a single friend also and would like to get a BTO. We are planning to get a BTO together even though we are not a couple. Is it unwise?

[TFC x OCBC Financial Wellness Festival 2024] Why understanding your partner's financial behavior and decision-making process is vital for success and achieving both your financial goals

Related Products

Standard Chartered JumpStart Account

4.8

782 Reviews

Maximum Interest: 2.50% p.a. for balances up to S$50,000

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

DBS/POSB Multiplier Account

4.3

323 Reviews

OCBC FRANK Account

4.7

213 Reviews

Related Posts

If everyone does what Loo does, how can the govt give all of us a million when we achieve 1m65?

How can I use the 1M65 or 4M65 strategies to retire comfortably? It sounds too good to be true now and if it's so easy to achieve, then why aren't more people using CPF to be a multi-millionaire?

From what I understand in 1M65, we are required to put in large amounts of money into our CPF when we are younger. Wouldn't this be difficult to achieve given the expenditure on education or marriage?

I don't have a partner but I want to get a BTO before 35. I have a single friend also and would like to get a BTO. We are planning to get a BTO together even though we are not a couple. Is it unwise?

[TFC x OCBC Financial Wellness Festival 2024] Why understanding your partner's financial behavior and decision-making process is vital for success and achieving both your financial goals

Advertisement