Dear Mr. Tan,
Is it sensible to have two Anunities - one from CPF and the other from NTUC Income? I am more on the preservative type, do not want to take risk in investment.
JL
REPLY
This is an excellent idea. I have recommended it before. Buy an annuity for CPF for its attractive return. Buy a life annuity from the private sector using cash savings.
Read this FAQ:
http://www.tankinlian.com/faq/life.html
Buying an annuity is a very serious matter because a very large sum of money is involved. I have more faith with CPF.
ReplyDeletestarlight.