For this upcoming talk, we employed a very lax marketing schedule so right now we are about one week away and we have only 20% of our tickets left to sell so we should have another sell-out session next week.
Today I’m going to provide more clarity on what I will be talking about.
The problem with the CPF program is that it attempts to do too many things at once. Hence we should emphasize the “personal” in personal finance.
Instead of giving the audience solid answers, I will discuss the feature of CPF in question, followed by how I employ this feature. This is then followed by suggestions how the audience can think about whether this mode of application applies to their personal circumstance.
Don’t expect all the speakers to have any consensus on CPF.
My presentation is organised around 7 arguments or touch points which tends to generate the most debate in the financial blogosphere:
· Whether to transfer of CPF-OA to CPF-SA ?
· How much CPF to tap for investment purposes ?
· How much to allocate to your parents retirement needs ?
· How much to allocate to your child’s education ?
· How much CPF should you use to pay for your housing needs ?
· The controversial question of whether it is better to have an Integrated Health Shield.
· Which scheme to subscribe to for CPF Life ?
It is quite a lot of material and I will cover much ground in 30 minutes but hopefully once you understand some of the basics of the CPF system, the other bloggers will be able to entertain you with more anecdotes and personal stories on how they manage their CPF money.