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I received $15k interest from cof
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pasttime
Elite |
01-Jan-2025 09:54
Yells: "peace, love, joy be upon you" |
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happy new year. take as early as possible.  received money can buy dividend producing instruments. gov bond, reits (must be stable one like temasek back), under value stock that pay dividend less then eps.  in this way money collect early means more money left. since one do not need to spend the money received.   |
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investshare
Supreme |
01-Jan-2025 09:43
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In cpf life only pay you till u die.
If can continue just draw interest, even after u die, the principal still intact.
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Nippon72
Senior |
01-Jan-2025 09:01
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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If I recalled correctly, once start drawdown your interest for RA stops. The future interest goes into the common pool.  Your own OA/MA still earns interest though. I stand corrected.
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MrBear12
Supreme |
01-Jan-2025 08:12
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Why so? Your interest is still accumulating even in cpf life. | ||
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investshare
Supreme |
01-Jan-2025 08:06
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Actually I prefer to just receive interest rather than go cpf life. | ||
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