It took me a while to realize CPF can be invested.
Why?
The common saying was to not touch our CPF money and let it grow. The common advice I heard was to avoid using it even for housing if possible.
As taken from the CPF website, the CPF interest rates for 1st July to 30th September 2026 are 2.5% per annum for the Ordinary Account (OA) and 4.0% per annum for the Special, MediSave, and Retirement Accounts.
On top of that,
CPF members aged below 55
- Members earn an extra 1% interest on the first $60,000 of their combined CPF balances. This is capped at S$20,000 for OA. That means 3.5% to 5.0% per annum for the first $60,000 of your combined CPF balance.
CPF members aged 55 and above
- Members earn an extra 2% interest on the first $30,000 of their combined CPF balances, and an extra 1% on the next $30,000. The deal is even sweeter for the older members.
So when I started working and accumulating CPF, I never thought it was possible to invest it thus never did any research due to all the advice I heard.
My first realization that my CPF had become sizeable was when I was buying my first home. Now looking back, I wished I had paid more attention and read up on the possible investments and understood the policies better.
By now you might have heard about the 1M65 movement – $1 million dollars in your CPF before 65 years old. How is that possible?
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