My numbers are out.
With CPF Special Account (SA) force closed at the age of 55 and with "no CPF SA shielding", the impact for me would be:
(1) At my age of 65, liquidity dropped S$130K
(from S$1.28 million to S$1.15 million).
(2) At my age of 65, CPF balance dropped S$100K
(from S$1.9 million to S$1.8 million).
Well, we can always use CPF OA to buy DBS, SATS, SIA, Mapletree Industrial Trust or 6-months Singapore T-bill (if the yield is above 3.00%).
I can also draw out the CPF OA monies to help my son to buy private property with no ABSD!
Be water!
