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CPF (Central Provident Fund) All about OA, SA, MA and RA, and strategies to optimize your CPF




How much CPF do u have?

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  #71 (permalink)  
Old 27-04-2023, 08:40 PM
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33M
Insurance (non-sales role)

OA: 23,497.33 (+ 61,966.92 in CPFIS - EndowUs and DollarDex)
SA: 81,041.64
MA: 43,816.38

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  #72 (permalink)  
Old 27-04-2023, 09:49 PM
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Quote:
Originally Posted by Unregistered View Post
I am 30 , i have 117 k in OA, 64 SA, 52 K OA
I am getting keys to my BTO soon so i guess my OA will be depleted, any advise?
What advice u want?

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  #73 (permalink)  
Old 06-06-2023, 03:17 AM
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Quote:
Originally Posted by Unregistered View Post
I am 30 , i have 117 k in OA, 64 SA, 52 K OA
I am getting keys to my BTO soon so i guess my OA will be depleted, any advise?
Suggest u sell ur bto and live on the streets rent free.


Then transfer all oa to sa to get 4.01 percent interest
And become 1M65

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  #74 (permalink)  
Old 06-06-2023, 04:44 AM
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Me & wife both 52
Combined CPF OA=$800k, SA=$600k, MA=$136k

Owns 2 private properties (paid up mostly cash payments)

Looking to retire at 55
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  #75 (permalink)  
Old 06-06-2023, 10:10 AM
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Quote:
Originally Posted by Unregistered View Post
Me & wife both 52
Combined CPF OA=$800k, SA=$600k, MA=$136k

Owns 2 private properties (paid up mostly cash payments)

Looking to retire at 55
You will be able to reap your CPF payout in 13 years time. Delayed gratification is the way to go.
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  #76 (permalink)  
Old 06-06-2023, 12:04 PM
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Originally Posted by Unregistered View Post
You will be able to reap your CPF payout in 13 years time. Delayed gratification is the way to go.
we should have enough to enjoy from 55, with the passive income from rental, dividends from stocks, Tbills, SSB, plus the withdrawable CPF interest above the ERS sum. anything from age 65 will be considered a bonus. We are grateful already.


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  #77 (permalink)  
Old 06-06-2023, 02:31 PM
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62 M, OA 3K, SA 3K, MA 68K how?
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  #78 (permalink)  
Old 07-06-2023, 12:04 AM
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62 M, OA 3K, SA 3K, MA 68K how?
Must be cash rich
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  #79 (permalink)  
Old 07-06-2023, 12:16 PM
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Default CPF Plan

Husband late 50s wife late 40s

Cash 120k

CPF 1 mil
OA 305K
SA 296K Wife 199k
RA 200(FRS)
Medisave 65k + 34k (wife)

Investment - 832k
SRS (stocks) 250k
T bills 400k
Stocks 182k

Annuity from age 65 $1200/month for 10 years, $105K bonus at maturity
Insurance value matured from age 63 to 65 - $600k

Fully paid condo
Car Loan 16k

Intent to retire soon with 2 children graduating by age 65. Feasible?
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  #80 (permalink)  
Old 14-06-2023, 11:23 PM
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Late 30s

Total cpf now 340 with 130 taken out for housing. Am i on par with peers of my age group
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