S1E131: How to hit retirement goal with CPF Life: The Big Story

Synopsis: This is a special episode of The Straits Times' video series The Big Story, hosted by Hairianto Diman and Olivia Quay. The CPF Basic Retirement Sum in Singapore will be raised by 3.5% a year for the next five cohorts of CPF members turning 55 from 2023 to 2027. ST's Invest editor Tan Ooi Boon explains that when you put more money into CPF Life, you will also get higher monthly payouts from the age of 65.Read more: https://str.sg/wszx [For subscribers] Produced by: ST Video team Edited by: ST Video team and Paxton Pang Discover The Straits Times Videos: https://str.sg/JPrc Discover ST podcasts: Channel: https://str.sg/JWVR Spotify: https://spoti.fi/2PwZCYU Apple Podcasts: https://apple.co/2Lu4rPP Google podcasts: http://str.sg/googlestbt SPH Awedio app: https://www.awedio.sg/ Websites: http://str.sg/stpodcasts Feedback to: [email protected]  Follow Hairianto Diman on Instagram: https://www.instagram.com/iamhairianto/?hl=en Follow Olivia Quay on Instagram: https://www.instagram.com/oliviaquayhere/?hl=en --- Discover more ST podcast series: Asian Insider Podcast: https://str.sg/JWa7 Green Pulse Podcast: https://str.sg/JWaf Health Check Podcast: https://str.sg/JWaN ST Sports Talk Podcast: https://str.sg/JWRE #PopVultures Podcast: https://str.sg/JWad Bookmark This! Podcast: https://str.sg/JWas Lunch With Sumiko Podcast: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #tbsSee omnystudio.com/listener for privacy information.