Thanks guys, appreciate it!

Ours cause is fair. If you don't like them handling the money, you can withdraw in full upon retirement. Also the returns they give us is better compare to Singapore cheapskate cpf (remember what you wrote, some cmf officials said our epf is giving to high returns for a safe investment and retirement funds should not be given so high returns. Any higher than cmf, one should take risk and go into UT and stocks. That's being stingy.)

no eye-dear, never experienced SG's CPF before

However, if based on statistics and good Gov governance..:
1. Statistically + wealth-management books' suggested-wise:
Those that save 20% or more of their GROSS income, will most probably become financially free.
Matter of time only - coz spending pattern is artificially depressed/controlled
and if the habit continues after retirement, is good.

IMHO
Not just living within one's means
BUT LOWER than one's means - whether artificially created or not

2. Gov governance.. er.. very subjective heheh

PS:
Just saw this on my reading list - may be of interest to U (CPF-related)
http://singaporeanstocksinvestor.blogspot....nvestor+(ASSI))

This post has been edited by wongmunkeong: Jan 8 2016, 12:52 PM

hopefully will get 6.5 or above

Thank you, Ramjade and WongMK,....

well I hope for that too but looking how bad the market is now.

I'm grateful if can get 6%

I am keeping my fingers crossed that it has to match last year's rate, at least to pacify the contributors after so many increases in costs which have cut our purchasing power substantially.

Hi all, I wish someone could clarify for me.
I was going to withdraw my Acc 2 for house purchasing purpose, if let's say i withdraw before the dividend being announced, is the withdraw amount still entitle to get the dividend?

Yes, u still get Dividend as calculation based on outstanding balance on 31/12/2015

yes no worries of losing dividend

even high or low...u can't do anything, changed anything (unless u r 55 above) widraw all.

This post has been edited by Manuk1188: Jan 13 2016, 02:55 PM

Finding alternative is not easy too.

With the 2015 EPF dividend BIG day only 3 weeks to go, I think most of us are anxious to know the % and hope that it will be high.

Let us see who can guess the correct %.

I will start with my 6.1 - 6.3%.

Please state yours with 0.2 range.

Cheerio.

I'm guessing 6.3 to 6.5

I wud predict 6.35% to 6.55%

Economists have projected that the Employees Provident Fund (EPF) will announce a lower dividend rate of between 4.5% and 5.2% for 2015

http://www.malaysia-chronicle.com/index.ph...-to-52&Itemid=3

The expert economists' figures are much lower than my figures (5.3% at 95% confidence level, using my 2 digits calculator and primary school statistics).

4.5% is just statistically hard to get.

4.5% is also political suicide for Ah Jib considering the situation he is in now.

EPF's 2015 revenues and KLCI wise, 4.5% will be if EPF wants to keep a big chunk for next year coverage.

Hope more bros and sisters in this thread can give your guesses and I will give a simple summary of our expectation.

Cheerio.

don't worry, later another economist would come with higher rate saying jibby policy is good for EPF

Well, if you are not of withdrawal age yet, it is good if the yield is high, because you will get to accumulate more Ringgit as you grow older. The lower the yield, the less will drop into uor retirement funds.

Secondly, those who are within withdrawal age now can always withdraw the dividend only when it is given out, and spend that amount. The pattern is something like the ASX fixed-priced funds, where at year-end, many people withdraw only the divdiends for usage, but left the principal untouched to earn dividends again for next year.

Contributors will only be worried about the yield if they still have funds inside the EPF, not for those who have withdrawn all, or for those who intend to withdraw all.