I will prefer to top up my CPF SA account. Although the amount will be locked till my retirement but my money is 100% safe and guaranteed 4% interests. SRS might be good for tax rebate, but the interest is not enough for me to eat a good seafood meal... Although for SRS, the money can be used for investments, they are not 100% guaranteed with a " win -win situation.
Which Stock is Your Retirement Pick?
Some Tigers said: “I’m counting on OCBC for my retirement."
There are different choices for Singaporeans.
Bank-retirement camp: Holding bank stocks long-term = steady happiness.
REIT camp: Relying on cash flow for retirement feels more secure.
It’s really about that feeling of “getting paid every year”: CICT, MIT, FLCT, MLT.
These can also be bought with CPF or through Endowus, making long-term holding even easier.
CPF balances can be used to buy Singapore stocks.
Endowus helps with tax savings and gives access to a wider variety of funds!
So, which is your retirement stock?
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