good sharing. i always believe "a bird in hand is worth 2 in the bush" but life is full of "what ifs". It is rather challenging to find a sweet spot for such planning.
@goldenretrieverboy4 ай бұрын
How about downgrading to BRS through cpf pledging and using the amount to buy into a private annuity? This way I still get predictable guaranteed monthly income during my “peak old age” and also liquidity if I ever need the money.
@liweiquek73825 ай бұрын
the money place with bank for CPFIS and CPFRS are aggregated and separately insured u to 100,000 (Deposit Insurance Scheme). Does it mean there is a risk to use cpf to buy T bill (if bank bankrupt) and choosing Cpf life standard plan where 100% RA is transferred to the pool (ie CPFRS). It is safer to choose basic plan where only 10-20% of RA is transferred to the insurance pool.
@eddielim87025 ай бұрын
Can u do a video what are possible alternative investment using the withdraw fund. Cpf life fund will be depleted but if we invested them in an lip great eastern life product we can preserve our capital yet able to supplement the cpf life payout under BRS and still keep the withdraw amount intact
@stevenheng33365 ай бұрын
If you opted BRS, if you used up the CPF LIFE IN 14 years, we will already by 79... what you can do and not do after 79 or even live beyond 79
@leejpeter34565 ай бұрын
Education in Singapore and Malaysia does not emphasize Singapore's role as a regional financial hub akin to Hong Kong. Singapore's prosperity relies heavily on its neighbors. Free trade with Malaysia, Indonesia, and the Philippines is crucial for its continued success. Without such economic cooperation, Singapore would struggle to maintain its thriving status.
@Kelberi5 ай бұрын
Already has frs, can I still pledge to frs+ brs? What if tio enbloc?
@stevenheng33365 ай бұрын
Your property must be fully paid off before you are allowed to pledge your property ...
@eugeneleeproperty5 ай бұрын
Hi. Not true. Whether fully paid up or not, one can pledge property for cpf, subject to the rest of eligibility conditions.
@aidanyoungblood5 ай бұрын
Pledged HDB Flat can’t sell in open market
@lindafoo81225 ай бұрын
Not true. You just have to top up to FRS after sales of the HDB flat.