Quote:
Originally Posted by jaguarbkk
We are all under the employment of PAP Government. Even you are a business owner, you still need to pay for alot of stuffs like levies & licences.
Try to maximise the CPF.
Recently I am enquiring to use CPF to pay for my mortgage loan. Needs to get a lawyer to apply and cost $1600. My goodness. Funny why we need lawyer to apply to CPF to use our money? Wait....thats Ah Gong's money now. Not ours no more...  |
Really CPF is OUR money . It is taken from our gross salary of 30 percent and put in the retirement account. The original idea was first set by LKY and his team which I think it was an excellent idea. Initially we can withdraw all our CPF savings when we reach 55 years old and we can use that sum of money that we deemed see fit. But over the years the MIW kept on changing the requirements until that it is now so difficult to withdraw our money . They even have the cheek to tell us how much money we can use even when we consult the doctor and seek medical treatment . Who gave them the permission to do that ?