Jar

17 Jun 2019

∙

The CPF rules might have already changed in future when we reach 65. How can the IM65 be bulletproof in this sense?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Vincent Tan Wen Bin

17 Jun 2019

Assistant Vice President at Thinkers Alliance

Why not diversify your investments?
I believe the 1M65 is still valid in the sense that as long as you are saving and investing at a high enough rate, 1 million is achieveable as long as you start young and contribute in excess to your CPF

But if you are afraid of the changes that might come in the future, why not just diversify your investments into other assets such as REITS, funds, stocks, bonds etc.

Reply

Save

Write your thoughts

Related Posts

How confident are you in dumping all your savings to CPF? What if when you turn old and reach the required age, CPF changes their policy? Like age, sum, or even allow passing CPF sum down to the next generation?

If I use cpf to pay the full amount of HDB loan, what will happen when I reach 65 years old? Do I need to payback to cpf before I can start my cpf withdrawal?

It seems that the CPF rules can be changed easily, what safeguard is there if the opposition takes over the govt and opens the CPF floodgates with a lousy policy? Are there any backup plans for that?

I have bought a protection-based ILP from GE about 4 years ago. Since I have already paid most insurance charges already, does it make sense to continue paying for it till age 65 or buy new life plan?

Why is our CPF lock in and only return to us monthly when we reach 65. As promise we should be able to drawdown fully when we reach 55?

Related Posts

How confident are you in dumping all your savings to CPF? What if when you turn old and reach the required age, CPF changes their policy? Like age, sum, or even allow passing CPF sum down to the next generation?

If I use cpf to pay the full amount of HDB loan, what will happen when I reach 65 years old? Do I need to payback to cpf before I can start my cpf withdrawal?

It seems that the CPF rules can be changed easily, what safeguard is there if the opposition takes over the govt and opens the CPF floodgates with a lousy policy? Are there any backup plans for that?

I have bought a protection-based ILP from GE about 4 years ago. Since I have already paid most insurance charges already, does it make sense to continue paying for it till age 65 or buy new life plan?

Why is our CPF lock in and only return to us monthly when we reach 65. As promise we should be able to drawdown fully when we reach 55?