Retirement Planning

Dear Mr Tan,

I am in my early 50s and have $300,000 in my CPF ordinary account. What is your advice for my retirement planning?

REPLY

I suggest that you invest your CPF ordinary account in a large, well diversified, low cost investment fund.

You can select the following:

* STI ETF traded on the Singapore Exchange
* Combined fund from NTUC Income

As the stockmarket is at a high level, you should make this investment in lots over the next 12 months. Read this FAQ.