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Business ideas.

winnipegjets

Alfrescian (Inf)
Asset
By the way, FRS will increase every year. So every time you have cash to spare, just top up your Special Account yearly.

FYI...

For those turning 55 in 2018, the Full Retirement Sum is $171,000.

For those turning 55 in 2019, it will be $176,000.

Those who will hit 55 in 2020 will have to set aside at least $181,000.

The figures for the years after 2020 have not been released yet.

But based on current trends, we can estimate that in 20 years’ time, the Full Retirement Sum might be about $280,000.

How many sinkees have this kind of money in their CPF? After paying off hdb loan, not much left leh.
 

winnipegjets

Alfrescian (Inf)
Asset
Yep, if got spare cash, max FRS for your wife (assuming she isn't working) and if got some more spare cash, max it out for your kids.

Confirm 100% safe and earn ... at 4% for such ultra secured principal and returns, you can laugh at those Hyflux goodus. :biggrin:

With Ho Jinx in control of your funds, how can you confirm 100 percent safe?
 

RODYK

Alfrescian
Loyal
I closed down company viynel floor at T SPACE and doing lalamove and drive grab now . I behind payment for my condo and merc but luckily i received sep $9k
 
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