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Route to Passive Income

It is never too early to plan for retirement

Have I been Frugal enough?

Have I been Frugal enough?

September 26, 2015 10:13:00 pm
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Have I been Frugal enough? Image
A recent article by Business Insider - 5 frugal habits of the world's richest people - got me thinking if I was even frugal in the first place. I always thought I was. At least, I try my best to be one. Five (5) Frugal Habits of the Wealthy "Research and anecdotes teach that wealthy people, including the very

More making voluntary contributions to CPF account - CNA

More making voluntary contributions to CPF account - CNA

September 20, 2015 04:32:00 pm
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Source: Image from CNA In a Channel NewsAsia (CNA) article on 18 Sept, it reported that more people in Singapore are making voluntary contributions to their CPF account. According to the CPF Board, these top-ups amounted to about S$500 million in 2014. That is 25% more as compared to 2013. A former investment analyst Lim Chin Yong, a

S$8,274 interest accumulated from CPF-SA in the last 5 years

S$8,274 interest accumulated from CPF-SA in the last 5 years

September 17, 2015 10:54:00 am
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I have been writing CPF-related blogs and how we should be using the Magic of Compound Interest (risk-free) in our CPF to our advantage. This really got me wondering how much interest has my CPF SA accumulated over the years. I was pretty happy to know - from the start of 2010 to the end of 2014 -

CPF-related poster 'Misleading' or 'Informative'?

CPF-related poster 'Misleading' or 'Informative'?

September 15, 2015 10:50:00 pm
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I came across this picture of a CPF-related poster on Facebook recently. Different people shared it with different captions. Here are some of the captions: "Next time if people ask you to explain compounded interest, show them our CPF amount." "From 1cent can become 5.6 Million dollars....In just 30 days! PAP HUAT AH!  This time we really HOSEH

Will CPF still be an election topic in 2045?

Will CPF still be an election topic in 2045?

September 12, 2015 11:04:00 pm
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Yesterday, close to 2.5M Singaporeans went to the polls. I have followed and voted in three General Election (GE) - 2006, 2011 and 2015. In all these GEs, Singapore's CPF has always been an election topic. So will CPF still be an election topic in 2045? Source: AsiaOne Money will always be a sensitive issue. I will be 60

Will I be working till 67 (raised re-employment age)?

Will I be working till 67 (raised re-employment age)?

September 05, 2015 05:13:00 pm
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Singapore's Prime Minister Lee Hsien Loong mentioned in this year's National Day Rally that the re-employment age will be raised from 65 to 67 by 2017.  "Many people who are in their 60s want to work longer. They say, “If I sit at home and do nothing, I will go ga-ga. Furthermore, my wife will tell me to