Asked by Anonymous
Asked on 27 Jan 2019
I am able to fully pay for BTO.
Question is to use CPF or cash to pay for the BTO.
Background : person is contact worker with disability and minor health issues
I would say use a huge portion of CPF as you might not know whether how CPF board choose to let you withdraw money from CPF when you hit your retirement age. see https://www.theonlinecitizen.com/2019/01/28/totally-illogical-to-suggest-cpf-payout-term-of-28-years-where-there-is-no-one-to-receive-balance-payout/