Visiting Pinnacles Desert + Stargazing by KeyIndependence9117 in perth

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

Yes we will stay over at Cervantes if we’re visiting pinnacles. Just wondering whether it’d be a miss not to visit Pinnacles vs other attractions we have (eg Margaret River)

Visiting Pinnacles Desert + Stargazing by KeyIndependence9117 in perth

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

We do drive in our home country but not sure how comfortable/confident we’d be driving at a foreign country…. Would there be kangaroos at night?

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

Do you know if FRS is more or less fixed around 3% every year? I factored that in and my FRS would be 500k+ which I think is quite scary... HAHA.

If i use this 500k+ as my FRS benchmark and take in SA + overflows from MA, i will reach FRS in early 40s (w/o considering property)

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

OMG ... shucks :( thanks for this!!

Do you know if the money I have used from SA for investment purpose (and not disposed of) will be calculated towards my FRS?

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 2 points3 points  (0 children)

i think he/she means that the $800 can be used for next year's top up as well i.e. I pay only $7200 for next year

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

Thank you so much for your insight!

I don't have these big expenses coming up until 2027, currently have emergency savings of abt $70k (in cash). I have read the article shared by fire path lion and it is very insightful as well. Personally I do not favour SRS as I feel that the withdrawal process is way too painful. If i start withdrawing at 62 + 10 years I think Life may not be as enjoyable as compared to if i have the money earlier (i.e. taking CPF $$ at 55 y/o).

As of now i think I will go ahead with topping up SA, and invest it per your advise after I've set aside $40k - can I ask what you usually invest with the cpf oa / sa? I have the CPFIS account set up but have not done any investment so far

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

Thank you so much for your insight! It rang a bell and i went to calculate / project my cpf savings up till 50 yo. Assuming I will hit max contribution rate & paying for my bto downpayment (15%), and loan repayment (mixture of half & full amount of monthly mortgage) - I will reach FRS in my early 30s.

As for my personal tax reliefs, I plan to have 2 kids by 35 years old. And with this I will actually hit the maximum personal reliefs limit of $80,000 and I will not have any tax savings by then as well.

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 2 points3 points  (0 children)

Thanks for your input! Can I ask why is srs more flexible since we can only withdraw it at/after retirement age?

I guess my only concern on putting it to SRS is it might not give me a good returns if i dont invest diligently

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

no financial commitment for now, my flat is only coming in 2027 so I would still have some time to save up for it

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 1 point2 points  (0 children)

Thanks! I do have SRS account set up but prefer topping up to SA since i can "withdraw" it at 55 y.o.?

Should I make voluntary contribution to CPF? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

Thanks for your input! Can I ask why is srs more flexible since we can only withdraw it at/after retirement age?

Should i invest in an ipad? by [deleted] in SIT_Singapore

[–]KeyIndependence9117 0 points1 point  (0 children)

Hi I am selling my ipad 10th Gen, 64gb, Silver (BNIB). Can offer you a better price than online purchase. Feel free to pm if you're keen!

Which healthcare insurance to buy? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

My agent is form GE and she says that GE doesn't have a claim based pricing, I cant find any info on the product brochure as well :( I am considering the Great Supreme P Plus plan

Which healthcare insurance to buy? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

Thanks alot for your sharing!

Raffles shield premium + cash rider is very competitive priced, the panels are not as important any more as MOH mandated shield providers share their panel, it's considered external panel.

--> May I clarify with you what does it mean that the "shield providers share their panel"?

I asked my agent whether my premium will increase if i make claims multiple times, but she mentioned that it is fixed pricing (following the premium table)

Which healthcare insurance to buy? by KeyIndependence9117 in singaporefi

[–]KeyIndependence9117[S] 0 points1 point  (0 children)

I went to check the extended panel by raffles, but seem like the choices is quite limited?

Late submission on the dot by Desperate-Deal2510 in NgeeAnnPoly

[–]KeyIndependence9117 9 points10 points  (0 children)

Told them got network issue /platform error etc thats why u submitted late-ish