Here's the response, assuming a 4% compounding interest with zero contribution till age 55:
The current BRS is $80,500. I do not think it will remain as that sum in 20 years time.
Cheerios.
Thursday, 23 April 2015
40K VS 100K
Someone asked me what's the difference between having $40,000 and $100,000 in the CPF SA by age 35.
Here's the response, assuming a 4% compounding interest with zero contribution till age 55:
The current BRS is $80,500. I do not think it will remain as that sum in 20 years time.
Cheerios.
Here's the response, assuming a 4% compounding interest with zero contribution till age 55:
The current BRS is $80,500. I do not think it will remain as that sum in 20 years time.
Cheerios.
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