Ferrari Me (Ferrarilim)

  Removal of CPF-SA after age 55 from Jan 2025.  All its balance will be absorbed into the OA. 1. Though it is not my choice to see my SA balance absorbed into my OA next Jan 2025, and hence we will earn lesser SA interest of 4.08%. 2. Somehow it makes our OA withdrawal easier and not bounded to be bothered how to max cash drawdown from OA, without affecting our SA balance. 3. Contrary, it liberates me/some.  One can simply withdraw at ease from OA balance.  One can simply withdraw the OA interest + Dividend + return make in 2025, retaining the OA balance. 4. OA balance becomes our opportunistic account to time-the-market" buy into equity.  Make the profit or dividend from it, then withdraw them as passive income when we retire. E.g. If one withdraws from OA $500k for investment @5%, it earns $25k! Another retirement Tap without touching our OA balance. And addition from RA max annually at its ERS, one can enjoy a guaranteed monthly payout of at least $3k p.m. standard life. ~~~ M

 1. My sharing on my layered 20 endowments: a. For the past 10-years, I have been building up about $600k worth of endowments to supplement my Retirement Income base. I started the Endowment Chapter in 2011 at age 47.  (The same year that I also embark from my health regime and clocked 4 full Marathons in 10 years.) b. And 10-year later, this Endowment Chapter is yielding results. Starting from 2022 at age 58, my layered endowments have and will be paying my lifelong cash payouts. Last year was $40k,  This year payout is $70k. Next year onwards will continue to give me $40k+ p.a. , not including annual cashback reinvestment of $12k per year over next 6 ~ 8 years. This endowment payout will give me a stable average $4k p.m. of retirement income when I retire. c. For now, likely I will taper off my Endowments Chapter. One thing about nibbling into endowments, it gives me time and investment maturity & clarity for next portfolio.    d. I supposed that one cannot avoid stock and prop