CPF at 55: 2 Alternatives I’m Considering for My Lump Sum Withdrawal

As I approach 55, I’m faced with an important decision: what to do with my CPF lump sum withdrawal. In this video, I explore two alternative options I’m considering for my retirement plan—comparing CPF Life with other annual payout strategies. Join me as I discuss these options with Mr Simon Chan a financial advisor, weighing the pros and cons of each plan, and share how I’m planning for a financially secure retirement. Whether you’re nearing 55 or just curious about CPF withdrawal strategies, this video will give you valuable insights for your own retirement planning. ----------------------------------------------------- Want to speak with Simon about your personal financial planning? Simon Chan CFP®, AEPP® Financial Advisory Consultant Phillip Wealth Advisory (Rep No CYF200065333) Mobile: +9111 8660 https://www.phillip.com.sg/talktophil... CFP® Certified Financial Planner AEPP® Associate Estate Planning Practitioner ----------------------------------------------------- Looking to sell your property (HDB, Condominium, Commercial or Industrial), or get unbiased advice for your next property purchase and investment? Let's connect. -🏠 Avoid making a 6 to 7 figure mistake by getting raw and unbiased advice from renowned property analyst and team before your next property purchase and investment. -✍️ Looking for real estate and legacy planning for your family? -🗻 Interested in investing in Japan? We have over 11 years of experience with extensive knowledge in Japan properties. Get our expert advice here: http://www.propertyjapan.sg/ 📞Contact: International Property Advisor Pte Ltd. Estate Agent No.: L3009265D 360 Orchard Road #08-02 International Building Singapore 238869 Tel: +65 6235 2253 Website: https://www.ipa.com.sg/ Email: [email protected] Socials: Telegram: https://bit.ly/KSYTele Facebook: https://bit.ly/4fOaRXE LinkedIn: https://bit.ly/3PlKk9l YouTube: https://bit.ly/KSYYouTube TikTok: https://www.tiktok.com/@realtorjustin... We will get back to you really soon! ----------------------------------------------------- Want to know more about Swee Yong? Ku Swee Yong's latest book - "The Future of Real Estate". https://bit.ly/4gYOdNb Ku Swee Yong is the CEO and Key Executive Officer of International Property Advisor Pte Ltd and an adjunct lecturer at Lee Kong Chian School of Business, Singapore Management University. From 2013 to 2016, he was concurrently the CEO of Century 21 Singapore. He has held senior roles at Société Générale Private Bank, Savills Singapore, and Far East Organization’s Indonesia office. He has authored six books and a real estate textbook. Between 2016 and 2020, he also taught at the National University of Singapore and Ngee Ann Polytechnic.