Are you getting the most out of your CPF savings? On this episode, we’re sitting down with a special guest who has helped thousands maximise their retirement funds through little-known strategies.
Loo Cheng Chuan founded the influential 1M65 movement after realising the untapped power of compound interest through his own savings journey. But he soon discovered that many Singaporeans were in the dark when it came to optimising this overlooked resource.
Now, Cheng Chuan is on a mission to educate others and help more people achieve seven-figure returns through diligent long-term saving. Some of his techniques ruffle feathers but he’ll lift the lid on “loopholes” that fly under the radar of regulators.
We’ll also get his take on navigating the changing landscape of CPF rules as Singaporeans live longer. How can you protect what you’ve built up over decades? And what options are there really for sustaining your golden years independence?
Tune in as we probe Cheng Chuan for his best-kept tricks. You'll be surprised what's possible when you think outside the box. But be warned - once these strategies spread, will loopholes start shutting for good? Find out how to maximise your CPF before it’s too late. Join us to uncover the secrets to financial literacy and the power of compounding!
00:00 Introduction
05:36 1M65 Core Ideologies
08:23 Tips & tricks of CPF more people should know
15:20 Withdrawal & draw down
24:25 Owner Occupied House
30:50 Cash is King?
36:44 Policy Risk & Portfolio planning
41:55 OA to SA
44:57 New changes in CPF & Ways to take out money that gov probably won't tell you how to
51:10 CPF Framework
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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.