Asked on 10 Jun 2020
I want to hear more about your opinion on the CPF system as a whole
A great system albeit its "one size fit all" structure, but not everyone will fit into their mold. If you are like most people dont have time or interest in finance to plan for their retirement then relying on CPF is the perfect solution, but if you feel like you belong to the latter group then by all means design your own system to achieve your goal.
I have... that's why I am a multi-millonaire now. I have chosen not listening to the nay sayers twenty years ago. The same grumbling and rumbling twenty years ago are generally the same as today. Had I listened to them, I would have missed out on the easiest path to becoming a millionaire. It is for you to decide your future...