Understanding CPF 2024 Part 7: Changes After Budget 2024 (Part 2)

Описание: As Asia's leading fee-only wealth advisory firm, we have helped many of our affluent clients include the CPF in their comprehensive wealth plan for over two decades.

In light of the recent changes to CPF in Budget 2024, we have refreshed our 7-part series on understanding CPF for retirement, and here is part 7, our last installment of this video series.

The CPF changes announced during Budget 2024 have been receiving a range of opinions on the ground, as Singaporeans who had the intention of “Special Account (SA) shielding” can no longer do so after reaching 55 years old.

Given the unpopular opinions, Alvin, our Client Adviser, explains in this video how you can plan for your retirement after 2024's CPF changes and the closure of the SA, considering the three ways Ordinary Account and SA balances are used after age 55.

You may also be interested in reading this article by our Founder and CEO, Christopher, where he urges his readers not to make product decisions using your CPF funds, in isolation from your life and wealth plan: https://providend.com/planning-for-yo...

You can watch all 7 parts of this video series here:    • Understanding CPF Series  

With a minefield of financial misinformation out there, we promise to be a safe pair of hands and a second pair of eyes to help you avoid costly financial mistakes. Make an enquiry with us today: https://providend.com/our-clients/ser...
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Having worked with retirees for nearly two decades, RetireWell™ is a robust methodology that Providend has developed to design a retirement income plan that will provide you with a safe and reliable stream of income for the rest of your life. Download a complimentary copy of the full eBook today here to learn more - https://providend.com/our-clients/ret...

You deserve a safe pair of hands and a second pair of eyes to help you avoid costly financial mistakes. Do schedule an appointment with us for an honest opinion on your current retirement plan here: https://providend.com/our-clients/ser...
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Learn more about:
▸Alvin at https://providend.com/alvin-neo/
▸Providend's Money Wisdom Podcast Season 3 at https://providend.com/providends-mone...
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