Anonymous

18 Apr 2019

∙

I’m currently single with no dependents, how should I protect and provide myself for retirement? How will topping up my CPF benefit me?

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Nicholes Wong

02 Mar 2019

Diploma in Business Management at Nanyang Polytechnic

You need insurances such as hospitalization, critical illness, early critical illness and disability income so that you have money when something happen to you and you are unable to work. Life insurance is less important since u no dependants. CPF will give u monthly payout for your retirement. Topping up will compound your cpf and it is safer compared to other investments. You also get tax relief.

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