tag:blogger.com,1999:blog-2670292526834731384.post6167203071421404548..comments2024-03-14T00:30:27.797+08:00Comments on I Shop, I Use, I Review! (An Online Shopaholic's Blog): Rant: Do you think CPF really gives retirees security and comfortable life?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2670292526834731384.post-14275397859623796872019-12-19T00:40:30.768+08:002019-12-19T00:40:30.768+08:00I agree that the CPF is not like what it promised,...I agree that the CPF is not like what it promised, it'll not give you a worry-free life after retirement, especially if you're not drawing a certain amount of salary.<br /><br />Hiby IsRandomhttps://www.blogger.com/profile/12022123190726439047noreply@blogger.comtag:blogger.com,1999:blog-2670292526834731384.post-49669761115234933602019-12-18T01:00:06.817+08:002019-12-18T01:00:06.817+08:00While I support the CPF for retirement, I also do ...While I support the CPF for retirement, I also do not believe relying on CPF alone will ensure a comfortable retirement. More to fulfill the needs rather than wants. <br /><br />Another thing to note is inflation, CPF payout does not account for that. So a 3% inflation every year for 20+ years is not going to help much if you are surviving solely on CPF. (Really depends on the choice of payout plan, and how much is in the Retirement Account).<br /><br />In short, the earlier you cash out, the thinner your money is stretch. But that also means you enjoy your fruits of labor later..nOcTurNaL2https://www.blogger.com/profile/05193680507612434392noreply@blogger.com