Tuesday, February 25, 2025

Cpf rich or cash rich

I believe being cash rich is more important than being cpf rich. Why?

Because I believe i won't live too long and if there is any need, i cant touch a cent in my cpf account except for MA for my medical needs. My father died at 69 yo. Grandpa and grandma died in their 70s.

Cash is king. When there is recession, or when you need money, cash is the savior. This is why I do not do any cpf cash topup for tax relief. I rather put all my money into stocks.

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