My mum is 70 y/o this year and still working. At her age, is it still advisable to do TOP-up to her cpf account? Separately, what can I do TOP up to her Medisave account? - Seedly
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Asked on 05 Apr 2020

My mum is 70 y/o this year and still working. At her age, is it still advisable to do TOP-up to her cpf account? Separately, what can I do TOP up to her Medisave account?

Should I be topping up her CPF account? What's the best way to go about helping her retirement?

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I think this is a fairly complex manner but let's make it step by step.

(1) How much does your mum need per month?

(2) How much would cpf payout to cover that?

(3) How much more do you need to give out?

After that, determine how much can be given in cash and how much can be used to top up her account.

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