The CPF model come with a killer. You cannot withdraw all from CPF at age 55. You are supposed to keep working until age 62 (to increase soon again). Even if you hit that age, you still need to maintain a minimum sum in the CPF which is a few hundred K and keep increasing. The remainder then can take out. Then every month draw some small allowance depending your amount inside CPF.

Compare this to withdraw all out at age 55 in EPF I prefer EPF. Reason being once I old no employer want to employ me so I want those monies to sustain my lifestyle. Why locked up so much of my own hard-earned monies inside? Only way to touch all your CPF is you renounce citizenship and migrate. The other is you die. You die all your monies give spouse and next-of-kin. What twisted logic? So those young ppl pray you faster die can take your monies.

Think again CPF  is it really that good from the other angle. Comments from one approaching age 50 and still got 12+ years to continue working compared to Msian retire at age 55 sit at home shake leg enjoy life!!!!!!!

CPF works very differently from EPF. CPF does not do any active investment. Instead, it just buys a government bond at a coupon rate of lets say 4%. The monies the govt acquired will be transferred to temasek holdings. In a sense, all investment decisions by sg govt is centralized in the hands of TH, and TH will be the ones responsible for doing CSR as it sees fit 

CPF cannot do CSR because it is not allowed to use the money other than buying bonds 

epf actually has too much money and getting very hard for them to invest... des why they allow withdrawals to other mutual funds to reduce their burden

this gov mandated ponzi won't bankrupt for now maybe never... population still growing so got new blood to support old farts' withdrawal

all these sampah articles on tiered dividend payouts robbing rich to pay poor won't happen lah imho... probably just some attention seeking sampah writing to get your knickers all twisted... lol... web traffic surely up up and away...

EPF is the last bastion that has not been ‘raided’ . Am not too sure if it would be the same after the next GE.

Bro Looi,
i know you have consistently been sincere n transparent in your posts.
However, this is an open forum, theres wide spectrum of forumers with age risk tolerance, FAMA financial support, bitcoin generational wealth, while some working $$ in small island south of Johor, etc.
The old school thinking of dividing asset class, kwsp, asnb, stocks, might seem alien to different generations.

What is cheap valuation? Got chance to buy cheap meh...got mountains of cash to double down? When stocks crash, everything oso kecutlah.
Why drop excess $60k to kwsp, n not stocks MY, STI, US, etc. Surely there must be at least 1 stock counter cheap valuation.

By virtue, still eyeing kwsp dividend change of +/-1%, most are likely still middle income (ada sikit klas kuli) or as Bro puts upper B40 range.
Once hilang kerja, cold sweat. I Pray hard >6%, need to settle 21yo daughter Rolex present.

Still no dividend announced? How come?

The man swings a 1.5m portfolio in his name on ASNB alone, I won't be surprised.

Is the source credible? Hoping for tomorrow - March is to far away 🙃

Aiseh TOS, you cannot mean im so artless, right? Most of parents lagi teruk, buy new car for kids. Shud get them take bus or cycle.
See, every bias or judgement can go many different ways depending on each person's lens.

My kids are all brought up totally respectful to elders, as example  my kids will serve their grandparents, uncles, aunts  dishes b4 taking for their own.

A Rolex is not for showing off. It is an investment, teach the child to understand if cared properly, it will hold its value if not appreciate.
This daughter has no interest in stock investments, so as alternative she's taught to appreciate high quality watches (1st Rolex at 18 yo), gold and rest of her seed money split in kwsp and sspn.

My 18 yo old son is taught to religiously follow A Rastani, Coinskid, Dai, stefan huber in terms of all TA and crypto. As its his challenge to beat the father in investment.
He has used up all his seed money, almost $200k to invest in crypto. Discusses me daily on what he learned and latest updates.

School doesnt teach financial literacy...its up to the parents to do so. If as parents we feel a Rolex as a sinful extravaganza, the kids will just follow so.

To me, these are all types of assets and investments.

Anyway, im out of topic. Put in freezer.

I-Akaun app is under maintenance now…. Seems like dividend is coming in..

Heard from somewhere, people r queueing up at Rolex shop in KL to buy watches to hedge against inflation n depreciating RM, true or not?

Argg, can't even check my Jan and Feb 2022 EPF due to they haven declare dividen for 2021. There is no other way to check for my Jan and Feb 2022? I just want to make sure my employer bank in my EPF accordingly.

Sin chew paper gave another date saying will be announced this  Wednesday.