Well i am sure almost all of you are aware of the increase of
GST to 7%. By doing that, we expected the Gov to increase our
SALARY... But what did the Gov do... they increased our CPF funds
which was partly the Gov funding... So the gov is the only winner
in this game.
As we all know the CPF funds usually goes to waste and only a small
part of it are used after our retirement.
Besides i wanna here are u think of this idea:
At the age of 30, we are allowed to withdraw u to 15% of the
CPF.
At the age of 40, we are allowed to withdraw u to 25% of the
CPF.
At the age of 55, we are allowed to withdraw u to 40% of the
CPF.
At the age of 60, we are allowed to withdraw u to 80% or more of
the CPF.
Views??