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

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.
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
Invest Editor
  • Published
    Jul 25, 2021, 5:00 am SGT
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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.

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