Hackwire,

For me, I am leaving all my money in EPF, as i view it as my low risk portion of my investment and I will not touch it. The rest of my spare cash i am investing in properties, stocks and unit trust in which i am investing for my retirement and children's education. The EPF money I will utilize as emergency cash (for medical or other reasons) once I am retired .

Basically I have a rule of thumb, if interest is below 5%, borrow. If any investment is yielding less than 5%, avoid. So don't just think that any interest is bad, it is only bad if your investment is yielding less than your interest rate. By asking you to borrow, I do not mean you can go all out, make sure you can comfortably service your loan even if your investment turns sour. At any time, i have cash to fully service all my loans if need be, I am only borrowing to make money off someone else money

This post has been edited by gark: Feb 2 2010, 09:44 PM

Hackwire,

I think your EPF money might be too much for your funeral expenses . Just view your EPF as a strategic cash reserve after you have retire, that way you can enjoy your retirement without worrying about money and maybe spend it to enjoy the last years of your life. Maybe you want to buy a house for your children or perhaps go far an Alaska cruise , or money for your heart surgery . You should target to have passive income from your other investments and properties to cover your day to day expenses, so you can do with whatever you like with your EPF, oh and remember to save some for funeral expenses as well.

This post has been edited by gark: Feb 3 2010, 11:50 AM