Should you still top up CPF with Cash after all the latest changes? [Chills165 Ft

Are you getting the most out of your CPF savings? On this episode, we’re sitting down with a special guest who has helped thousands maximise their retirement funds through little-known strategies.
Loo Cheng Chuan founded the influential 1M65 movement after realising the untapped power of compound interest through his own savings journey. But he soon discovered that many Singaporeans were in the dark when it came to optimising this overlooked resource.
Now, Cheng Chuan is on a mission to educate others and help more people achieve seven-figure returns through diligent long-term saving. Some of his techniques ruffle feathers but he’ll lift the lid on “loopholes” that fly under the radar of regulators.
We’ll also get his take on navigating the changing landscape of CPF rules as Singaporeans live longer. How can you protect what you’ve built up over decades? And what options are there really for sustaining your golden years independence?
Tune in as we probe Cheng Chuan for his best-kept tricks. You'll be surprised what's possible when you think outside the box. But be warned - once these strategies spread, will loopholes start shutting for good? Find out how to maximise your CPF before it’s too late. Join us to uncover the secrets to financial literacy and the power of compounding!
00:00 Introduction
05:36 1M65 Core Ideologies
08:23 Tips & tricks of CPF more people should know
15:20 Withdrawal & draw down
24:25 Owner Occupied House
30:50 Cash is King?
36:44 Policy Risk & Portfolio planning
41:55 OA to SA
44:57 New changes in CPF & Ways to take out money that gov probably won't tell you how to
51:10 CPF Framework
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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

[@eugeneteo9664]

very candid & frank talk. alamak you mention don"t buy singpost.

[@wesleylow7472]

Nice to see Anthony more often !

[@TheFinancialCoconutTFC]

Anthony will know about this 🤭👍

[@kcchiew4247]

I managed to top up SA till minimum sum (around 100k) at 2009. Going to hit 1m this year at the age of 56.😉

[@megasunn0204]

$100k compound 15 yrs reach $1m?

[@kcchiew4247]

@@megasunn0204 Include 37% monthly contributions.

[@decki86]

can we do 2-4x BRS for CPF LIFE or strictly 2x 4x for FRS and ERS respectively?

[@ltankk]

Mr Loo!!!! Have him on TFC W&S more often too!!

[@TheFinancialCoconutTFC]

you can disturb him about it? hehe I am sure we will get him on!

[@tonyariel168]

Is Reggie the same guy who advised on not opening cafe before?

[@moonl2400]

Informative videos. Can Mr Loo share where we can buy NASDAQ ETF in SG?

[@dennisong5903]

You can buy in Moomoo.

[@Tactical2742]

Mr Loo!!!!

[@TheFinancialCoconutTFC]

😅 clearly a fan! Haha

[@vnc81]

The value proposition of the CPF is for people who knows nothing about investment including those who thinks they know a lot about investment but actually they don't, a risk free rate of return until you reach 55 years old.

[@Longtermalwayswins]

You do know the cpf operates like the 401k or the uk’s retirement model? Its there as the government’s way to support citizens for retirement. Its used as a necessary supplement not a replacement for your investments.

[@user-cl3ke3gy2f]

no body knows about investments....proof great depression real estate/tech free fall...fx depreciation n high inflation....cpf fd is better than banks, bonds, shares , fx.etc..in troubled times... financial experts r 99% making an emplotees' wage...they r just as clueless as u....

[@hatchegg80]

@@Longtermalwayswins that's not right, 401k is full risk/reward, cpf, mostly you just get the fixed coupon

[@Longtermalwayswins]

@@hatchegg80 you can invest your cpf in index funds or other asset classes as well. Those are risk not guaranteed.

[@goldwinner6139]

Early stage CPF totally doesn’t compounded want’s reaches 55 year old member can withdraw the amounts fully

[@MasterLeong888]

Mr Loo jiak a lot of good food in JB, belly come out riao kekekeke

[@TheFinancialCoconutTFC]

haha leading the good life ? haha

[@angelatakano6072]

But when you call the CPF office to know how much money you will receive they tell you they don’t know

[@andrewrollout1657]

If you're nearing retirement (maybe ~5 years away), they actually will give an estimate on their website. Obviously if you're younger it's harder to project that far away even for CPF Board, but it's not hard to project based on today's amounts, projected forward.

[@guqin]

Get Mr Loo back to teach more kung fu!

[@TheFinancialCoconutTFC]

Alright 😅👍

[@darylsoh]

the tea set quite sah kee

[@TheFinancialCoconutTFC]

Atas right! haha

[@m155m3]

10:04 now...how to replicate self for 3-4 jobs :')

[@TheFinancialCoconutTFC]

🥲🥲🥲

[@aurora-nn5oj]

08:53 CPF at birth! woot woot!

[@TheFinancialCoconutTFC]

Is that the ultimate savings plan? Haha 😆

[@user-cl3ke3gy2f]

CASH IS KING ..these extremely uncertain times wars n all that don't listen 2 so called financial experts...keep all cash.. no property/stocks invesments......ride the storm n stay alive

[@Longtermalwayswins]

Good luck on enjoying all the inflation lol

[@user-cl3ke3gy2f]

@@Longtermalwayswins sg pa inflation rate 3.41%...cpf pa fixed deposir 4.21%.... banks'p.a. f.r 3.23%%%......now who is the stupid one ???..u lose 30/45% on shares... or flat depreciation is 20%..... plus property tax ..liens, losses...crying alll night....

[@Longtermalwayswins]

@@user-cl3ke3gy2f s&p500 year on year gains over the last 100 years AVERAGED at 10%. But u prefer -3.4% on sg inflation yr on year. Your choice. Good luck on being a dumb a$$

[@leanne2330]

Oh, I thought even if u have 4 jobs, the annual CPF contribution remains $37 k per year per member. And not $37k x 4 jobs? Kindly clarify. Thanks

[@TheFinancialCoconutTFC]

Good day, thanks for seeking clarification here. As far as we know, this stacks. The cap to CPF is tied to each job. So if you have 4 jobs, each job as it’s own cap so it is $37k x 4 We are working to get CPF on the show, so by then we can one time good one clarify everything. So if you have more questions please drop them here 😎👍🏻 Or email to [e-mail]

[@janicetan4626]

I know people who receive two sources of CPF contribution from two different jobs. It is allowed.

[@yangyang3526]

@@janicetan4626I have 2 employers paying me cpf every month but at the end of the year the total contribution cap is still $37400 dun know why, balance amount allow to top up for tax saving purpose think the Board using $37400 cap to calculate and show me the balance

[@edwinlee6883]

I’m not sure if anyone sees any benefit in working like a dog juggling 2 jobs just to lock in more money in CFP. Quite likely they die doing that before they can benefit from the compounding.

[@yangyang3526]

Top up cpf by cash is for tax saving purpose

[@twong6531]

Bitcoin is 111% up for 1 year, Old Man.

[@meyroakabigrem1679]

Very hard to understand this Singlish style of talking. :(

[@TheFinancialCoconutTFC]

Let us get more good stuff around CPF in due course! Do you have specific questions you would like to be answered?