Asked by Anonymous
Asked on 15 May 2019
Yes, you should include CPF monies in your networth. It’s ultimately your money 37% of your income (capped at 2220) goes into it every month!
It’s an asset that many Singaporeans have not fully utilised!
Of course....you can use it to buy a HDB. So yes, it is our money.
Absolutely. Same way a WL death benefit is also part of your networth as it's an asset. Just unrealised gain.
It's part of your networth that you may not see in total unless you outlive the national life expectancy age but it's your money and also your dependents money in the future.