CPF SA closed: What should you do now?

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[BBallUncleSLim-vrrf]

I found the table shown at time stamp 9:30 a little confusing. What happened to the compounding effect from age 55 to 65 (10 years)? The BRS, FRS, OERS and ERS you have described should be based on age 55, instead of age 65 shown in table. For example, if i have FRS of $205, 800 at age 55 in year 2024, my CPF LIFE payout basic plan will be $1, 510 (instead of $1, 040 in table) at age 65 (year 2034). <CPF LIFE Estimator>

While we may not know for sure the baseline expenses for a 65 y.o. in 2034, i would think the adequacy of CPF LIFE payouts could be better than what you have claimed in your video.

[lynnc]

Do you have videos on how to invest in dividend stocks?

[bkoh]

Pls enlighten. I thought 4x BRS will get about $3.3k as highlighted in many news articles.

[stan]

The payout figures are wrong based on $300k commmited at 55

[magnusthor]

What does it mean breakeven at 75 years old for standard plan. Say $300, 000 in RA. Started withdrawing monthly $1500 at age 65, so yearly is 18, 000. If death occurs at 75 years old, I collected $180, 000 and my beneficiaries get $120, 000. I lost all interests in the 10 years from 65 years old to 75 years old. What does it mean to break even at 75 years old?

[yeowchongong]

Work until we die that’s the best insurance

[ericboon-glsi]

my suggestion, continue put inside RA and sleep. then opt for basic plan.
close case.

make nomination today hor..

[LonganLee]

What if the long term "lock up" resulted in some sleeping outside? 🤭🤭🤭🤝🤝😉😉🏆🏆👍 Can use for buying a pigeon hole.
Oh, we can spend tax money to house them? Same same but different? 🤭🤣🏳️👍🤝

[chinchowpowpook]

U know what is investing? Something in and something out for enjoy when make profit..as n when..cpf even at 20% is not an investing tool, anything u can draw out $1 to buy ice cream later or tmr is not!!! What go in and don’t come out till u aged like spoiled cheese is called jail