Or, do you simply leave it aside, thinking that it’s untouchable but sufficient to cover the cost of your retirement?
Use this retirement calculator as a quick tool to estimate how much you’ll need.
While our CPF Ordinary Account (OA) and Special Account (SA) provide 2.5% p.a. and 4% p.a. respectively – have you considered that you can do even better through investing?
Unit trusts are a good way to start.
They are a basket of assets (stocks, bonds, and other investment instruments) that are actively and professionally managed by a fund manager. They’re diversified and a great way to get started with minimum investment amounts as low as $1,000 / $100.
We’re advocates of the GDP-weighted approach and have identified 5 major economic regions that drive most of the global economic output:
Learn more about our recommended allocation and shortlisted funds so that you can build your desired CPF portfolio.