How confident are you in dumping all your savings to CPF? What if when you turn old and reach the required age, CPF changes their policy? Like age, sum, or even allow passing CPF sum down to the next generation? - Seedly
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Jack See

Asked on 10 Jun 2020

How confident are you in dumping all your savings to CPF? What if when you turn old and reach the required age, CPF changes their policy? Like age, sum, or even allow passing CPF sum down to the next generation?

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    Chris Chong

    Chris Chong

    Level 3. Wonderkid

    Answered on 11 Jun 2020

    Highly unlikely as it will create political unstability. There is a risk for every move. We just have to beleive the governenet direction is for the greater good of everybody.

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