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Hazel PoaFriday, March 6, 2015. CPF Minimum Sum – Making it Meaningful. As had been pointed out before, the issue with CPF is not the increasing CPF Minimum Sum, it is inadequate retirement savings. The CPF Minimum Sum is an estimation of the amount an average person would need to meet basic needs after retirement. This amount is revised regularly to take into account inflation, and maybe changes to life expectancy as well. All very sound. But we can do better. With power comes responsibility. Or it should. In th...
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