Wondering about the latest CPF changes and how they affect your financial future? In this final episode of Let's Talk CPF, Shaun Loh from CPF Board's Policy department unpacks the significant CPF changes that are taking effect this year. Whether you're a young a professional, a gig worker, or approaching retirement, this episode offers valuable insights to help you better understand these important updates.
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Wondering about the latest CPF changes and how they affect your financial future? In this final episode of Let's Talk CPF, Shaun Loh from CPF Board's Policy department unpacks the significant CPF changes that are taking effect this year. Whether you're a young a professional, a gig worker, or approaching retirement, this episode offers valuable insights to help you better understand these important updates.
Effective Decumulation - How do we switch from being a saver to a spender
Let's Talk CPF
17 minutes
1 year ago
Effective Decumulation - How do we switch from being a saver to a spender
We have spent most of our lives saving for retirement. But when retirement draws near, many of us do not know where and how to start enjoying the fruits of our labour. At what age should we start spending our retirement funds? Should we draw down from our CPF account first? How can our retirement nest egg last a lifetime?In this episode, Lorna Tan, Head of Financial Literacy Training, DBS Bank, answers all our questions on spending our retirement funds wisely, also known as decumulation.
Let's Talk CPF
Wondering about the latest CPF changes and how they affect your financial future? In this final episode of Let's Talk CPF, Shaun Loh from CPF Board's Policy department unpacks the significant CPF changes that are taking effect this year. Whether you're a young a professional, a gig worker, or approaching retirement, this episode offers valuable insights to help you better understand these important updates.
