CPF Minimum Sum up 184% in 13 years

[Cestbon]

CPF is using Sinkie money with negetive return.
Base on inflation average 5%.
And CPF minimun sum every year increase 5% base on inflation.
CPF only give interest rate 2.5% >>> forever will never meet minimun sum. If the person not working after age 55. Because minimun sum increase 5% and CPF give interest rate 2.5% .

This is really a bullshit try to con people.

Wa lao eh. Your math damn jiat lak.

184% increase over 13 years:

(1+r)^13 = 1+1.84 = 2.84
1+r = 1.0836
r= 0.0836

Effective interest rate = 8.36% per annum lah! Wa lao.

Thanks for detail math.
That mean CPF increase minimun sum by average 8.36%/year in last 13 year.
That more than inflation rate at 4~5%.
CPF give interest rate 2.5%.

SOME thing wrong with CPF system. Minimun sum increase 8.3%/year and forever mostly Sinkie will never meet min. sum.