Commentary: CPF Special Account closure forces a rethink of retirement planning

Following the pending closure of the CPF SA post-Budget 2024, Samuel Rhee, Chairman and CIO of Endowus advised CPF members to invest part of their CPF savings in low-cost, globally diversified, and risk-appropriate portfolios to ensure that their money continues to work hard for them. CPF members may also consider opening an SRS account, reviewing their current investable assets, and adopting appropriate risk to grow their retirement nest egg sufficiently.