We just booked 3x SIA tickets to Tokyo in December 2024!
This is going to be our 4th trip to Tokyo. :) We should tour towards Mount Fuji this time.
I managed to record down my past 3 years expenses on my new car, Honda Civic 1.5 Turbo in great details. In average, I spent about S$435 per month for the car expenses.
I work from home 4 days a week since March 2020 (the start of COVID) and that is why the mileage is low. One day trip to office costs me S$8.30. Hence, it will cost me S$1,595 more a year in car petrol expenses if I go to office 5 days a week, which is not happening anytime soon.
CPF Annual Report 2022 had just been released!
They had removed the most exciting annex table that they had tabulated for many years, simply because they do not want people to keep comparing with others within the same age group. It's like remove the class standing in the primary school examination. Not fun at all.
Nevertheless, below are the highlights from CPF Annual Report 2022.
With CPF regrossed balance definition, we have a combined S$1.25million dollars in CPF as of June 30th, 2023. :) That sounds better.
Net CPF balance in CPF account is S$951,677.
We will surely break the S$1 million mark in net CPF balance by January 1st, 2024!
The key is to stay employed.
The CPF regrossed balance includes the monies you
have spent on investment / housing loan / education, etc. .
I
personally think that is the right way of calculating as that shows your ability to draw cash
into the CPF account (be it yourself or from the employer
contribution).
Nevertheless,
it excludes how well your stocks/ Endowus performance in the CPF OA account as
they only count the amount you throw in.
That says, if your stocks/ Endowus perform well above 2.5% given by the CPF OA, you will expect much larger sum the moment you sell and return back to CPF OA!
Vice versa. Nevertheless, I only have a small exposure of S$34,101.
We have achieved 1.25M43 and on track to 4M65!
Based on the 3 years growth data, it is quite easy to predict that we will have at least S$100,000+ annual growth in CPF balance. That's about 10% annual increment.
Last but not least, everyone must know how to project their own CPF balances.
I managed to book SIA ticket to Taipei during the March 2024 school holidays at pretty good price. S$508 per person. Family of 3, total S$1,524.
The lowest fare is S$464 if you choose to travel during the non-school holiday period. S$44 saving per person.
We probably stay at Taipei for 4 nights and Tai Chung for another 4 nights. Will see.
A Singaporean household of 3. 2 working adults, age 46 (1980s) and 1 young adult age 14. Voluntary Housing Refund (VHR) all monies back to C...
