unless you got family etc. just my 2 cts
u also not sure if u will live until withdrawal. for me, not married and father is old in nursing home
if i top up and i die before withdrawal it will only benefit my relatives since i no bros and sis
if i can confirm live past withdrawal then of course will top up, but who the hell will know?
this topping up is for those with children and wife or at least got a healthy parent or bros and sis... actually most people also dont rly care abt their bros and sis and are not close to them also
If say i detect illness, cpf can ask to withdraw and i alr got a few hundred k inside like everyone else liao
How does having say 50k additional improve my qol before i uolorry
And in a way cpf is also like a trap, even if u are married and have kids. Since they always shift goal posts
Nv use cash to top up cpf. At most xfer some from OA to sa when first enter workforce
Quote from: default on Jan 01, 2025, 11:25 AMunless you got family etc. just my 2 cts
u also not sure if u will live until withdrawal. for me, not married and father is old in nursing home
if i top up and i die before withdrawal it will only benefit my relatives since i no bros and sis
if i can confirm live past withdrawal then of course will top up, but who the hell will know?
this topping up is for those with children and wife or at least got a healthy parent or bros and sis... actually most people also dont rly care abt their bros and sis and are not close to them also
Hmm, maybe topup for moi parents. There's MRSS
https://www.cpf.gov.sg/member/infohub/educational-resources/matched-retirement-savings-scheme-what-you-need-to-know (https://www.cpf.gov.sg/member/infohub/educational-resources/matched-retirement-savings-scheme-what-you-need-to-know)
cpf is go in cannot take out
i wont put $ inside cpf
Quote from: default on Jan 01, 2025, 01:50 PMif top up for parents yes makes sense since they are already elderlies and at the age of getting $$ back
If parents cannot take out money then no point to topup lol
Quote from: default on Jan 01, 2025, 01:50 PMif top up for parents yes makes sense since they are already elderlies and at the age of getting $$ back
But they dun have the time to roll compound interest whereas younger ppl have the luxury to do that. By that, young ppl top up cpf then make sense mah haha
Quote from: Arctic on Jan 01, 2025, 05:30 PMBut they dun have the time to roll compound interest whereas younger ppl have the luxury to do that. By that, young ppl top up cpf then make sense mah haha
unless u v sure u wont die before withdrawing or u got close family to take it over else it will just go to distant relatives (unlikely govt unless u totally no one)
first of course is immediate family, then uncles aunties, cousins, and even more distant cousins and aunts etc
im just wondering they stop at which level ah. some of the distant aunts and cousins they may not know u also
keep in a real bank better
:flash: