Money and Me: Bye CPF SA!

So you are turning 55 soon and are wondering what the closure of the CPF Special Account this January means for your retirement? Michelle Martin asks Elijah Lee, Senior Financial Services Manager, Phillip Securities, what people who have been using the CPF Shielding Strategy need to know.  Explore the CPF Special Account closure for members aged 55 and above this year, understand its impact on retirement planning, immediate changes for members, and strategies to maximize financial security. Elijah shares insights on CPF and housing, addressing concerns about locked-up funds and how homeowners can unlock value for retirement. Only started planning late for retirement? You are not alone! Elijah shares what late savers can prioritise and practical steps to start planning even in your 40s or 50s. Discover actionable advice to secure a comfortable retirement at any stage of life.See omnystudio.com/listener for privacy information.