Free Guide

How To Get $5,000 or More In Monthly Payouts In Your Golden Years Without Locking Your Cash in CPF

Why some Singaporeans turning 55 are not topping up to the Enhanced Retirement Sum and what they are doing instead in the final lap of their working years

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“Budget 2024: CPF Special Account closure at age 55 removes overlap, stops ‘shielding’ hack that maximises interest earnings, say experts” – February 23, 2024, Today Online

What will this mean for your retirement?

Starting from 2025, significant changes to CPF will impact your retirement savings. The CPF Special Account (SA; 4% interest) will be closed for those aged 55 and onwards, shifting funds to the Ordinary Account (OA; 2.5% interest) and affecting interest earnings.

This means that your interest earned on the funds in your SA will drop from 4% to 2.5% after they are shifted to OA next year, directly impacting your retirement plans by reducing your interest income.

This shift isn’t merely about numbers—it’s about the years of planning and hopes that now seem on shaky ground.

If you’ve planned your retirement with the 4% interest from SA in mind, this change could significantly derail your financial security. 

It’s crucial to reassess your retirement strategy.

So, what now?

The good news is that you still can earn 4% in your Retirement Account (RA), and you are allowed to contribute more up to the Enhanced Retirement Sum (ERS), now four times the Basic Retirement Sum (BRS). 

However, remember, RA contributions are permanent, and cannot be withdrawn, unlike the Special Account.

This means that you will be unable to withdraw your funds in any emergencies or help your family if they require help with housing or education.

But what if there was another way that balances between securing a comfortable retirement income while maintaining financial flexibility and liquidity?

Introducing our guide that helps you secure $5000 or more in monthly payouts in your golden years without locking your cash in CPF. 

If you have approximately 300k in CPF OA and SA combined, this guide is for you.

The guide demystifies CPF as a retirement planning tool, and shows you the options that Singaporeans above 55 are doing.

Download your FREE Guide for clarity on how to achieve a comfortable retirement while keeping your options open.

Dive into our upcoming guide featuring
options that Singaporeans turning 55
are considering…

ABOUT REGAL WEALTH PARTNERS

With over 59 years of combined experience, Regal Wealth Partners has served more than 497 clients on their financial journey. 

Our advisors manage a collective portfolio of over $102 million, predominantly serving Accredited Investors as defined by MAS which requires an individual to meet at least one of the following criteria:

• An income exceeding $300,000 in the past 12 months
• Financial assets surpassing $1 million
• Personal assets worth more than $2 million

We specialise in advising mass affluent and HNW clients, providing tailored strategies and solutions that bypass common mass market pitfalls. We adopt a holistic planning approach to build assets, minimise liabilities and risks, and ride through market volatility to outperform the broad market.

We protect clients from product pushing and short-term distractions, focusing on key objectives and needs. Our strength lies in understanding our clients deeply, addressing unspoken objectives, and ensuring a meaningful impact on their portfolios. 

At Regal Wealth Partners, we guide clients towards prudently achieving their ultimate financial goals.