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How To Maximise Your CPF And Your Children's CPF | Interview With 1M65 Loo Cheng Chuan
Description
I was once a critique of 1m65 but I've changed my view along the years as it is indeed a predictable path to building wealth.
Today, I interviewed Mr Loo Cheng Chuan who runs 1M65 and 4m65 and asked him his perspective on a few financial topic such as the power of compounding, CPF limits and retirement planning mistakes.
0:00 Introduction
2:24 Q1 How do you teach your kids about money when they were younger?
Strategies to teach and demonstrate money and compounding to your children.
8:10 Q2 How do you spend your time in semi-retirement?
11:28 Q3 Can you get CPF from more than one employer?
There is an annual limit of $37,740 per employer.
Are there strategies?
15:12 Q4 CPF Full retirement sum FRS will be raised by 3.5%pa, your thoughts?
Full retirement sum FRS affects how much you can cash out from CPF at age55
26:22 Q5 What are some retirement mistakes and questions that you have been asked on?
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#1m65 #cpf #frs #retirement #retirementplanning