Reliance On Pension Fund

It has been the tussle between one of the authority in the country of my residence and one ordinary citizen The details are as follows in the below link:

https://mothership.sg/2019/10/cpf-facebook-clifford-theseira/

I do have some monies (equivalent to pension) with the Authority due to the proceeds from the full-time employment. I believe that it is prudent not to rely on such monies given the ever-changing policies implemented by the Authority. I might not be able to withdraw the monies when I reach the stipulated age. It will be more prudent to rely on the investment portfolio which has been reliable and generating dividends which I use for my expense.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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