Episode Details

 *Read on to find out how you can enjoy $20 off access fees from Endowus!*

Imagine this: 37% of your monthly gross salary goes into a fund for as long as you are holding a job. What can you do with the accumulated money? The possibilities are endless. This is why the CPF (Central Provident Fund) is so integral to every working adult in Singapore.

Adding on to the possibilities is Endowus, who is paving the way by being the sole provider of low cost index funds through the CPF IS (Investment Scheme) system. Listen to Chills 39 as Samuel (CIO) & Sheng Shi (personal finance lead) of Endowus share the rationale behind CPF investing, the factors involved and how it can benefit you!

Here are some highlights:02:22 Why should we invest in CPF07:09 Why CPF is comprehensive yet complicated13:21 The compounding effect in CPF14:57 Why we should invest our OA19:15 How much money do we need a month in our retirement24:35 Accumulation vs decumulation, the income cycle29:08 Using the Endowus CPF calculator to envision your retirement sums at 55 & 6536:30 Life expectancy in Singapore and how it affects your retirement44:12 How Endowus builds investment portfolios with CPF 50:49 Investment composites when investing with Endowus52:10 Upcoming interesting features from Endowus

As listeners of TFC, you can enjoy $20 off access fees from Endowus through this link: https://sg.endow.us/3ke6uM6

Get our show notes at https://thefinancialcoconut.com/chills39 

For all other links mentioned, or to discover more from the team at The Financial Coconut (including all our other shows), go to https://linktr.ee/thefinancialcoconut 

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