Saturday, June 30, 2018

WOTC - Withdraw CPF at 65

I asked this question in the Wisdom of the Crowd - Should CPF members be allowed to withdraw all their savings at age 65?

Here are the responses.

58% - It is their money. Let them decide what to do with it.
35% - There should be allowed to withdraw all their money at 55, as earlier promised.
5% - We should stop them from squandering away all their savings.
3% - They should keep a minimum sum for old age.

Yes - 93%. No - 8%

See the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=711

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