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How retiree in Singapore saved over $1.6m in her CPF
67-year-old wants to encourage younger Singaporeans to be like her and similarly plan early for the same outcome
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People who have contributed to their CPF since they were young can achieve about $700,000 in their Ordinary Account when they are in their early 50s.
PHOTO: ISTOCKPHOTO
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A 67-year-old retiree holds a record of sorts that most of us would yearn for - she has more than $1.2 million in her Ordinary Account (OA) of the Central Provident Fund (CPF).
If that's not impressive enough, she has another $400,000 in her Retirement Account and over $50,000 in her MediSave account.
