I think SRS is useful not only for tax savings but also for long-term retirement planning. I would not automatically max it out, though, because cash flow and the lock-up period matter.
If I had $100,000 in SRS for 10+ years, I would prefer a diversified mix of ETFs, REITs and selected stocks rather than leaving everything at 0.05%. Of course, higher returns come with higher risk. I would rather let the money work over time than allow inflation to quietly reduce its purchasing power.
For me, the key is to check my existing tax reliefs first, then contribute an amount I can comfortably lock away. SRS should complement CPF Life, not replace it. Ultimately, consistency and choosing investments that match my own risk tolerance matter more than simply chasing the highest return.
@TigerStars @Tiger_comments @TigerClub @Tiger_SG
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