Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ? - Seedly
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Anonymous

Asked on 02 Mar 2019

Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

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Mark
Level 4. Prodigy
Answered on 20 Nov 2019

I would prefer to top up the CPF SA to full retirement sum as that would provide me some assurance and a safety net for the future.

I would probably rush to clear the housing loan. (On the basis that one’s job is fairly stable)

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Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex
Level 5. Genius
Answered on 20 Mar 2019

Priority should be save cash to buy the next BTO.

I can do it so can you.

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