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How a self-employed man, 53, can have $1.2m in CPF savings

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This case provides a compelling lesson for those who are self-employed, because making voluntary CPF contributions can enable them to accumulate decent savings.

This case provides a compelling lesson for those who are self-employed, because making voluntary CPF contributions can enable them to accumulate decent savings.

PHOTO: LIANHE ZAOBAO

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SINGAPORE – A 53-year-old self-employed man managed to save over $1.2 million in his CPF accounts, and this huge sum helped to boost his share of the matrimonial assets during his divorce.

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