Yes. CPF has messed up again. Wow, this headline is definitely TRS-approved. CPF has definitely messed up again no thanks to a letter that was recently circulated across multiple social media about CPF that seems to confirmed that retirement age has been “increased” to 70.
That letter caused multiple confusions, debates and of course it started…
Investing with your CPF money should be of no difference with investing your cash. CPF money is still your money which you will be able to spend in your retirement days. To be able to receive more than $3000 per month from your CPF during retirement or $1240 very much depend on what you do…
Previously, we spoke about how CPF messed up in their community outreach such that a simple letter has managed to mislead many of the public into thinking that CPF has “secretly increased” retirement age to 70.
That is not true although it clearly points to the fact that many Singaporean are actually unclear about CPF…