How much are you earning per annum?

Originally Posted by Unregistered

COE prices will rebound next week.

Now is a good time to buy a new car as new cars are now very affordable.

If you buy a new car at $80k, this means you're paying only $8k pa to own the car. If your household income is $200k pa, this is only 4% of your annual income. Very affordable.

Don't wait any longer. Buy now.

Buying car nao!

Unlike previous years, the CPF statement for this year was presented in a very eye catching way with a colorful pie chart and big fonts for the total amount. This is a big change from the usually dull presentation of past years where you have to read to the bottom of the page and add up the various columns to know your total CPF amount.

I supposed CPF is trying to emphasise the point that CPF savings form an important component to one's retirement funds. It certainly caught my attention the moment I opened the envelope. Straight away, the CPF amount in big fonts was in my face, and then there was the colorful pie chart. The other component that caught my attention was the interest earned for 2015. The figure was highlighted in the pie chart in bright orange. I was pleasantly surprised to see that it was $28,300!

Curious, I took a look at my wife's CPF statement and saw that her interest earned for 2015 was $25,200. This amount was the total interest earned from the various accounts; OA, SA, MA and RA.

We noted our pie charts have a total of 5 colors. The missing color was brown which was to represent housing grants, subsidies etc, which we didn't enjoy.

With the current turmoil in the stock markets, it seemed to us that we have made the right choice to build our CPF funds strongly especially since we are passed 55.

For those who are curious, to earn $25k in interest from CPF, you need at least $950k in your overall CPF (combined OA, SA, MA and RA (if you are above 55)).

Why not possible? Did she use any of her CPF for any mortgage repayment ?

Originally Posted by Unregistered

Unlike previous years, the CPF statement for this year was presented in a very eye catching way with a colorful pie chart and big fonts for the total amount. This is a big change from the usually dull presentation of past years where you have to read to the bottom of the page and add up the various columns to know your total CPF amount.

I supposed CPF is trying to emphasise the point that CPF savings form an important component to one's retirement funds. It certainly caught my attention the moment I opened the envelope. Straight away, the CPF amount in big fonts was in my face, and then there was the colorful pie chart. The other component that caught my attention was the interest earned for 2015. The figure was highlighted in the pie chart in bright orange. I was pleasantly surprised to see that it was $28,300!

Curious, I took a look at my wife's CPF statement and saw that her interest earned for 2015 was $25,200. This amount was the total interest earned from the various accounts; OA, SA, MA and RA.

We noted our pie charts have a total of 5 colors. The missing color was brown which was to represent housing grants, subsidies etc, which we didn't enjoy.

With the current turmoil in the stock markets, it seemed to us that we have made the right choice to build our CPF funds strongly especially since we are passed 55.

For those who are curious, to earn $25k in interest from CPF, you need at least $950k in your overall CPF (combined OA, SA, MA and RA (if you are above 55)).

Originally Posted by Unregistered

For those who are curious, to earn $25k in interest from CPF, you need at least $950k in your overall CPF (combined OA, SA, MA and RA (if you are above 55)).

wanna showoff that ur a millionaire just say so. dont need to type wall of text.

Originally Posted by unregistered

unlike previous years, the cpf statement for this year was presented in a very eye catching way with a colorful pie chart and big fonts for the total amount. This is a big change from the usually dull presentation of past years where you have to read to the bottom of the page and add up the various columns to know your total cpf amount.

I supposed cpf is trying to emphasise the point that cpf savings form an important component to one's retirement funds. It certainly caught my attention the moment i opened the envelope. Straight away, the cpf amount in big fonts was in my face, and then there was the colorful pie chart. The other component that caught my attention was the interest earned for 2015. The figure was highlighted in the pie chart in bright orange. I was pleasantly surprised to see that it was $28,300!

Curious, i took a look at my wife's cpf statement and saw that her interest earned for 2015 was $25,200. This amount was the total interest earned from the various accounts; oa, sa, ma and ra.

We noted our pie charts have a total of 5 colors. The missing color was brown which was to represent housing grants, subsidies etc, which we didn't enjoy.

With the current turmoil in the stock markets, it seemed to us that we have made the right choice to build our cpf funds strongly especially since we are passed 55.

For those who are curious, to earn $25k in interest from cpf, you need at least $950k in your overall cpf (combined oa, sa, ma and ra (if you are above 55)).

farking show off...especially last paragraph...pui

Originally Posted by Unregistered

Buying car nao!

Yes, buy now!

Those of you who needs a 2nd or 3rd for your wife and son respectively, now is the time to buy Cat B cars. Only $38k. So cheap. Last time Cat B was like $90k ++.

Originally Posted by Unregistered

Yes, buy now!

Those of you who needs a 2nd or 3rd for your wife and son respectively, now is the time to buy Cat B cars. Only $38k. So cheap. Last time Cat B was like $90k ++.

Yes. Agree should buy now and keep.
When COE supply shrinks from 2018, you can sell your extra cars at a profit!

Garment is so stupid. We all can see the COE supply shrink upcoming
This is a guaranteed investment. Can drive car for free and yet make profit. Only in Stinkapore. Don't miss this chance.

Originally Posted by Unregistered

wanna showoff that ur a millionaire just say so. dont need to type wall of text.

AIyor, it depends on you-surely there are many posts in forums which are of that nature (not boastful as much as it is about facts & Learning how others are doing. Think about it they are both pass 55, why not possible? Btw whether they intend to boast or not, not for anyone to judge but for the posters. And so what if they do? Haha really none of any of our business.

Originally Posted by Unregistered

farking show off...especially last paragraph...pui

Omgosh many disgruntled folks in here. Cool man-just read n know lor.

Originally Posted by Unregistered

Why not possible? Did she use any of her CPF for any mortgage repayment ?

Totally agree it is possible. Fact that they receive hard copies (vs online notification & reference) they are most likely in at least the late40s/50s/60s/above who prefer hard copies.