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S'poreans above 55 took out $2.5b from CPF savings in Q1; OA balances fall - Vimarsana News

S'poreans above 55 took out $2.5b from CPF savings in Q1; OA balances fall

CPF members over 55 made withdrawals that work out to around $11,500 for each transaction. Read more at straitstimes.com.

6 retirement planning mistakes to avoid - Vimarsana News

6 retirement planning mistakes to avoid

With the many financial obligations that we have, many of us put off planning for retirement, thinking that it is very far away in the future. Yet, retirement planning is crucial to a healthy retirement, especially considering that the rising average life expectancy of Singaporeans will mean that the vast majority of us will have a longer retirement period than...

How will Budget 2023 affect your CPF contributions? CPF contribution rates, ceilings, retirement sum and more - Vimarsana News

How will Budget 2023 affect your CPF contributions? CPF contribution rates, ceilings, retirement sum and more

Higher CPF monthly salary ceilings, higher CPF contribution rates for senior workers, and higher retirement payouts. If you watched or read about Budget 2023, you might be wondering if all these increases spell good or bad news for you. Understanding how these increases affect you starts with figuring out how CPF works in the first place. We're not going to...

6 key things HDB upgraders should know before buying a condo in 2023 - Vimarsana News

6 key things HDB upgraders should know before buying a condo in 2023

With recent policy tweaks and a much pricier property market, upgrading in 2023 might be a bit of a challenge. Here's a look at how you might go about doing it smoothly. Whether you're looking at a new launch or resale unit, these are the main issues to keep in mind — a few points on how 2023 might differ...

We make $180k per year and live in a 3-room HDB flat. Should we save to buy an investment property, upgrade to a condo, or larger flat? - Vimarsana News

We make $180k per year and live in a 3-room HDB flat. Should we save to buy an investment property, upgrade to a condo, or larger flat?

Hello, We’ve read with interest on your advice columns, and we especially appreciate the effort and detail put into the responses. My wife and I are in a bit of a dilemma. We live in a 3-room HDB flat in Clementi Ridges which we bought for close to $400k. Our MOP is up in April this year. We’re in our...