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Thread: Any Ceiling for contribution of CPF OA?

  1. #591
    Join Date
    Mar 2009
    Posts
    10,641

    Default

    There is no point in your bullshit any more lah!

    People who want to know the real CPF Life's return can go to access the integrated CPF Life return calculator posted by heehee, don't need to listen to your LIE and bullshit, anyway, they won't be able get 7.5% return CLAIMED BY YOU using that calculator!


    Quote Originally Posted by minority View Post
    From CPF LIFE TOOL

    EAT THIS!!!
    for 166K AT RA U CAN GET UP TO 1300pm!!!!

    So What next? Wat is ur next BULLSHIT???


    Plan CPF LIFE Basic

    Monthly payout1 from 65 $1,190 - $1,317
    Bequest left for your beneficiaries at selected ages
    Bequest at age 65 $243,578 - $254,557
    Bequest at age 75 $183,120 - $194,236
    Bequest at age 85 $95,197 - $102,183
    Bequest at age 95 $0



  2. #592
    Join Date
    Mar 2009
    Posts
    10,641

    Default

    People can read here:
    https://make-money-secrets.blogspot....ifference.html

    In that online article, there were records that when CPF Retirement Account balance at 55 = $151,000, CPF Life Standard monthly payout = $1198 p.m., and CPF Life Basic monthly payout = $1096 p.m.



    Quote Originally Posted by teddybear View Post
    minority,

    The article you posted from
    http://dollarsandsense.sg/is-the-cpf...ally-that-bad/ )
    has NOW been confirmed to be NOT TELLING THE WHOLE TRUTH lah!!!!!


    Why so?
    First, read here:
    http://forums.condosingapore.com/sho...823#post523823

    Then FACT CHECK:
    Assumptions: ( Exactly same as http://dollarsandsense.sg/is-the-cpf...ally-that-bad/ )
    1) Drawdown age remains at 65 years old
    2) Payout remains at S$1,200
    3) Current interest rates of CPF will remain unchanged
    4) The minimum sum of S$155,000 is attained at age 55 years old
    5) Life expectancy based on World Bank is at 82.1 years old



    FALSE results/conclusions from http://dollarsandsense.sg/is-the-cpf...ally-that-bad/ )
    Results:
    1) The amount accumulated at age 65 is approximately S$216,000
    2) The effective interest rate is 3.32% per year
    3) It takes 21 years and 4 months to completely wipe out the S$216,000
    4) There will still be S$67,100 in the CPF, when an individual survives until 82.1 years old

    - Don't know whether this person failed his MATH or he is trying to lie???


    REAL HARD-TRUTH RESULTS (using integrated CPF Life Payout-Return Online Calculator developed by independent EXPERT):
    Results from online calculator:
    Description Data Entry
    CPF Life Amount at 55 years old ($) 155000
    Age you expected to live until in (Years) 82
    CPF Life desired return you would like (%) 0.12
    Bequest you want to leave behind ($) 0
    CPF Life Amount at 65 years old Calculated 242412.11
    CPF Life payout p.m. at desired return Calculated 1200.52

    REAL CPF LIFE RETURN = 0.12% !!!!!!!!!!!!!!!!!!!!!
    YES, THAT IS TRUE, "0.12%"!
    (Even lower than the "0.13%" I previously calculated, see here:
    http://forums.condosingapore.com/sho...823#post523823
    )

    Conclusion: So, if you can live till 82 years old, CPF LIFE only pays you an INTEREST = 0.12% !!!!!!!!!!!!!!!!!!!!!!!


    HO HO HO, LIES, FALSEHOODS exposed within HALF-TRUTHS!!!!!
    Ho Ho Ho, minority has been exposed to be a BLATANT LIAR here!!!!!!!!!!!!!!!



  3. #593
    Join Date
    Mar 2009
    Posts
    10,641

    Default

    http://forums.condosingapore.com/sho...195#post524195

    This is so true, that is why we need to see full transparency in CPF Life and Medishield Life as well in terms of full annual financial report..............

    Why should people have blind trust on CPF Life's finances when they don't guarantee solvency of CPF Life?



  4. #594

    Default

    Quote Originally Posted by teddybear View Post
    http://forums.condosingapore.com/sho...195#post524195

    This is so true, that is why we need to see full transparency in CPF Life and Medishield Life as well in terms of full annual financial report..............

    Why should people have blind trust on CPF Life's finances when they don't guarantee solvency of CPF Life?

    And Who the HELL ARE U?? AND PEOPLE NEED TO TRUST AND LISTEN TO YOUR BULLSHIT?

    I SMELL CARP !!! N BULLSHIT!!!!!!!!!!!!!!!!
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs



  5. #595

    Default

    Quote Originally Posted by teddybear View Post
    People can read here:
    https://make-money-secrets.blogspot....ifference.html

    In that online article, there were records that when CPF Retirement Account balance at 55 = $151,000, CPF Life Standard monthly payout = $1198 p.m., and CPF Life Basic monthly payout = $1096 p.m.

    OH!!! NOW CHANGE GOAL POST AGAIN????? $151K?? not 166K?? not 155K?? which one u want to compare?? GOAL POST CHANG AS U GET FACT CHECKED????

    BLOODY BULL SHIT!
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs



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