CPF Special Account

CPF Special account gives an annual interest of 4% or 5%. I made the decision to transfer the maximum (allowable) monies from the ordinary to special account sometimes in January 2016. Time flies and it has been four years since I last executed such decision. I have never looked back and regretted on such decision. I could have made such decision even earlier, however I held back on such decision due to the negative comments by the external parties such as my friends.

The above circumstance show that one is responsible for his/her decision and knows what’s best for his/her benefits. Therefore, I have never looked back on such decision. I believe that this is the right way as per my perspective. External parties do not know what one really wants in his/her life. They give their view based on their perspective and belief.

In totality, I maintain such approach going forward.


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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