tag:blogger.com,1999:blog-3181092508079063607.post5702434129913959416..comments2023-09-08T13:26:32.828+08:00Comments on Lizardo Realm: A Great Retirement Offer from CPF Lizardohttp://www.blogger.com/profile/14051784505115265030noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3181092508079063607.post-17483379963346578752015-02-06T20:31:58.378+08:002015-02-06T20:31:58.378+08:00Dear Anonymous 1, 2 and 3,
I am happy because I s...Dear Anonymous 1, 2 and 3,<br /><br />I am happy because I see value in having a fairly safe way to lock in a hefty retirement income. This is to mitigate against the risk of "living longer than expected". At worst, if I pass on early, the balance would be bequeathed to my children. No loss.<br /><br />Not true that nothing has changed. There will be a 20% that can be withdrawn for those who prefer to do so.<br /><br />In any case, if you have more than the "minimum" required at age 55, the balance can be fully withdrawn anyway.<br /><br />I guess we may have different preferences.<br /><br />Best wishes and many thanks for leaving respective comments.<br />Lizardohttps://www.blogger.com/profile/14051784505115265030noreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-26812771148389788352015-02-05T23:17:26.231+08:002015-02-05T23:17:26.231+08:00For me, nothing fundamental had changed. Unless th...For me, nothing fundamental had changed. Unless they allow members to withdraw lump sum at age 55 or allow early draw down age which tie to our retirement age of 62 or earlier. Just like the same formular for defer draw down up to 70 yrs old. I dun see any meaningful changes as of now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-949900612804084192015-02-05T22:36:24.173+08:002015-02-05T22:36:24.173+08:00the basic retirement sum option lock-in more money...the basic retirement sum option lock-in more money?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-36993494171832036872015-02-05T02:18:19.331+08:002015-02-05T02:18:19.331+08:00Why are u so happy with the change?
I dun see much...Why are u so happy with the change?<br />I dun see much changes actually as the whole purpose is to lock-in more money from some while allow others to withdraw in terms of lump sum.<br />Unless one can live beyond 90 yrs old, he/she will not benefit much.The main losers will be those that pass on before 80 yrs old.Anonymousnoreply@blogger.com