Altivo 3rd Gear May 7, 2013 Share May 7, 2013 Has Ho Jinx been losing money again? ↡ Advertisement Link to post Share on other sites More sharing options...
Mustank Hypersonic May 7, 2013 Share May 7, 2013 Fresh from the oven.... revision to CPF minimum sum KNN!!!! http://www.todayonline.com/singapore/cpf-m...m-sums-adjusted SINGAPORE Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged May 7, 2013 Share May 7, 2013 That's why if one has a choice to use either cash or CPF for property... Always max out CPF first even if its pays 2.5-4% instead of touching the cash savings... The rule changes all the time.. I can't imagine having $150k in CPF yet can only have a few hundred every month... Link to post Share on other sites More sharing options...
Wyfitms Twincharged May 7, 2013 Share May 7, 2013 Has Ho Jinx been losing money again? Hmm.. 9K per person... assuming 630,000 ppl who are affected, that's 5.7 billion dollars Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic May 7, 2013 Share May 7, 2013 I kana this year ...... Link to post Share on other sites More sharing options...
Mustank Hypersonic May 7, 2013 Share May 7, 2013 I kana this year ...... actually i dont understand how it affect us? Link to post Share on other sites More sharing options...
Ben5266 Supercharged May 7, 2013 Share May 7, 2013 actually i dont understand how it affect us? Because.... you are still young. Link to post Share on other sites More sharing options...
Civic2000 Supercharged May 7, 2013 Share May 7, 2013 yup tats wat i did w my parents cpf life. i went thru the brochure and all i can say is im sorry for all the old folks who read only the surface and missed the fine prints. the minimum sum scheme was transparent and returns every cent that belongs to you but i guess all good things must come to an end. anyw i also dun wan to say too much on this cpf liao....surely one day more and more pple wil know how well it is run. I made the right decision to stick to the Minimum Sum Scheme despite many reminders from the CPF Board asking me to take up the CPF Life Scheme. I always believe that if there is a new scheme being push by the Gahman, we are likely to be on the losing end. Link to post Share on other sites More sharing options...
Tiger1 6th Gear May 7, 2013 Share May 7, 2013 Whats new? They are helping us again ma. Link to post Share on other sites More sharing options...
Mustank Hypersonic May 7, 2013 Share May 7, 2013 I made the right decision to stick to the Minimum Sum Scheme despite many reminders from the CPF Board asking me to take up the CPF Life Scheme. I always believe that if there is a new scheme being push by the Gahman, we are likely to be on the losing end. I gave the same advice to my dad I didn't have the details but anything pushed by the anyone who doesn't have your best interest at heart, can't be good Link to post Share on other sites More sharing options...
Ngck 3rd Gear May 7, 2013 Share May 7, 2013 (edited) CCB.. they run out of real cash again? maybe its just me.... but to me, all these high HDB prices and raising of minimum sum is just to suck up excess liquidity (potentially when ppl reach 55) so they dun have to do cash payout Edited May 7, 2013 by Ngck Link to post Share on other sites More sharing options...
Tiger1 6th Gear May 7, 2013 Share May 7, 2013 CCB.. they run out of real cash again? maybe its just me.... but to me, all these high HDB prices and raising of minimum sum is just to suck up excess liquidity (potentially when ppl reach 55) so they dun have to do cash payout Aiyo...u cannot liketat say govt. they are hhelping us. I tod my wife liao Lets get ready to run in 15 yrs time n we are quite serious in saying so... Better leave than stay in own home n being treated worse than a guest. Uniquely singapore. Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged May 7, 2013 Share May 7, 2013 I kana this year ...... Wow you are 55 candles?? Link to post Share on other sites More sharing options...
Wt_know Supersonic May 7, 2013 Share May 7, 2013 (edited) is there a formula to calculate minimum sum level by 2020 & 2030 ? Edited May 7, 2013 by Wt_know Link to post Share on other sites More sharing options...
Yahgo22 1st Gear May 7, 2013 Share May 7, 2013 is there a formula to calculate minimum sum level by 2020 & 2030 ? last year 139k this year 148k every year increase by 9k by year 2020 is 202k 2030 is 301k con gan liao Link to post Share on other sites More sharing options...
Yahgo22 1st Gear May 7, 2013 Share May 7, 2013 (edited) double posting Edited May 7, 2013 by Yahgo22 Link to post Share on other sites More sharing options...
Yr1985 1st Gear May 7, 2013 Share May 7, 2013 (edited) Sg really fubar. After my exam, i m seriously going to develop this web blog of mine Edited May 7, 2013 by Yr1985 Link to post Share on other sites More sharing options...
Altivo 3rd Gear May 7, 2013 Share May 7, 2013 That's why if one has a choice to use either cash or CPF for property... Always max out CPF first even if its pays 2.5-4% instead of touching the cash savings... The rule changes all the time.. I can't imagine having $150k in CPF yet can only have a few hundred every month... That's what I'm doing. Then seperately have savings in the bank ↡ Advertisement Link to post Share on other sites More sharing options...
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