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Anonymous

3d ago

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Withdrawing 20% of RA account balance at age 65

Topping up 20% above FRS at age 55 to enjoy 4% compound interest for 10 years and withdraw 20% of RA at age 65. Is that a viable option?

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I.L.

7h ago

Yes if you don't mind the money locked up for extended period. Please do make sure you have liquid cash on you even after topping up your CPF.

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jw

16h ago

Yes, less risky unless u have better investments options but those are probably higher risk

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Shirley

1d ago

Yes, it’s a viable option if you’re okay treating CPF as a safe place to park money. You’ll earn abo...

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What if CPF RA exceed Enhanced Retirement Sum (ERS) at age 55? If choose not to withdraw, how much CPF life can pay? Using 1M65 as an example, how much CPF life pays based on 1million balance at 65?

Should I top up my CPF RA to ERS. I have enough OA balance to cover it (assuming I do a OA to RA transfer). I understand that the transfer is irreversible; and I get to enjoy higher payouts from age 65. Should I do the transfer or leave it in OA?

If my FRS is already full and I am less than 55 years old, am I allowed to top up to ERS? Or do I need to wait for RA account to be formed at age 55 then I am allowed to top up RA account to ERS?

Does the interest i received from CPF goes to my OA or SA account for compounding during age 55 to age 60 which i nv withdraw my excess?

Do the monies in the RA of CPF continue to compound between ages 65-70? Are there advantages to delaying the payouts to 70 as opposed to 65?

Related Posts

What if CPF RA exceed Enhanced Retirement Sum (ERS) at age 55? If choose not to withdraw, how much CPF life can pay? Using 1M65 as an example, how much CPF life pays based on 1million balance at 65?

Should I top up my CPF RA to ERS. I have enough OA balance to cover it (assuming I do a OA to RA transfer). I understand that the transfer is irreversible; and I get to enjoy higher payouts from age 65. Should I do the transfer or leave it in OA?

If my FRS is already full and I am less than 55 years old, am I allowed to top up to ERS? Or do I need to wait for RA account to be formed at age 55 then I am allowed to top up RA account to ERS?

Does the interest i received from CPF goes to my OA or SA account for compounding during age 55 to age 60 which i nv withdraw my excess?

Do the monies in the RA of CPF continue to compound between ages 65-70? Are there advantages to delaying the payouts to 70 as opposed to 65?

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