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AK: Exceeded CPF Minimum Sum; Where to Put the Money?
Aspire, Thought Leaders | 01 December 2015
Articles (41) Profile

If we have planned well, we should be able to meet and even exceed the CPF Minimum Sum when we reach age 55.

If we should exceed the CPF Minimum Sum at age 55, we would be able to withdraw probably much more than a token $5,000 then.

Here’s a letter from a reader:

Hi AK,

Where is the best place to keep the “untouchable” portion of our retirement money (ex-CPF money)

Would be delighted to hear you “talk to yourself”

Thanks for a great blog



AK’s Reply:

Hi R,

It would depend on whether it is our only source of retirement funding. If it is our only source of retirement funding, then, we should not take much risk with it. Fixed deposits with promotional interest rates (e.g. 1.8 percent interest per annum) are safe options.

If we have other sources of retirement funding, then, this could be seen as extra money. Then, it might not be that “untouchable”. We could take a bit of risk investing in REITs and dividend paying blue chips then.

We could always opt to buy annuities too, of course.

You might want to search ASSI for the blog post ”Is it too late to plan for retirement at age 57?”, which was published recently.

I am glad you like my blog. :)

Best wishes,


AK is a Singaporean stock market investor and a popular blogger. His blog was created with the intention of educating investors and sharing his investing journey with the target of having a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.

Please click here for more information about this author.

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