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.


No comments:

Post a Comment

Note: only a member of this blog may post a comment.