Remember to think about the lost of purchasing power after 40 yrs.
The purchasing power of that 1 mil or 2 mil 40 yrs later will definitely be much lesser than the 1 or 2 mil NOW.

a house purchased at the right location and at the right price NOW will most probably appreciate in value or increases the purchasing power 40 yrs later.

Govt cashflow for October very tight need to manage properly

1. Early salary payout to their beloved civil servants
2. Early STR payout to their beloved B40s

both thanks to Happy Deepavali

Next batch the latter will get theirs

Like this also can ahhh...

Having cash flow issues.... Such shame if indeed true....  Seriously don't know how to manage....

Then should just pay in November like in 2023??? Already waiting so long... Another 1 month won't really make big difference....

gov should lock ASMs too.... for the good of the people.... lol

A retirement fund is your own savings. money you contribute and invest for your future.
A social pension is government support to ensure basic income for the elderly, usually funded by taxpayers, not one's personal savings.

what's savings? no need to describe too much. retirement fund is your own savings.

Actually, I don't mind seeing withdrawal age changed to 75 even. Being locked longer is better... the people needs baby sitting.
EPF is such a small portion of my portfolio nowadays. lol 

Great bro, yes asm is really good tool

I also have some funds in PruSaver, which is offered via UOB. Not savings, not fd, insurance plan, but gives fixed interest. There’s a thread in LYN too. Can check it out and evaluate.

Ye correct, yearly more than 100k without self contri. And dividend grows much faster now as it’s sizeable.
Usually i dont go into these details, this is getting lersonal. tare not the main points, it’s the uncertainty and sudden change is whay matters.
Anyone can guarantee 10/15 years later full withdrawal still allowed at age 55?
The minister can say something, but ppl change, policy change over time bro.

Btw may i ask what are you leading to by asking the questions above?