Compare $1k in CPF-SA or S&P500 ?

 https://blog.seedly.sg/retirement-scheme-comparison-cpf-epf-mpf-401k/

*Good keep info.*

Compare: SG CPF, MY EPF, USA 401K, HK MPF

One Gen-Y who was savvy in foreign equity replied:

UK's market rate seems to be X = 5%, Y =10%, average annual return was 7% for the last 5 years.

It sets me putting numbers to compare.

~~~

Thinking of comparing putting *$1,000* in a newborn baby in:

* CPF-SA @5% till his age 65. $1,000 ×(1.05^65) = *$23,800*

* S&P500: now hit: 5,999

$1,000×(1.143^65) = $5,929,000 !!

average return: 14.3% p.m.

~~~~

My takeaway:

1. Even a $1,000 in moomoo account for a newborn, might be a game-changer for him.

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