Let's Talk CPF

Wondering how to start planning your finances to attain a sense of financial calm? Not sure what to consider or if you are on the right track?Join Calvin and Hui Li as they break down the basics of financial planning through simple rules of thumb for savings, insurance, and investment in the Basic Financial Planning Guide.

Curious about how to safeguard your CPF savings against scams?Join us in this episode as Tay Li Lin, Senior Manager at CPF’s Retirement Withdrawals Department, provides insights into CPF Board’s anti-scam measures and the recently lowered Daily Withdrawal Limit for online CPF withdrawals.

What is CPF LIFE? What is an annuity? Do I lose out because my CPF LIFE interest goes into the common pool? How does it work?These are common questions in members’ minds when CPF LIFE is mentioned.Tune in to this episode where we uncover the basics of CPF LIFE, debunk common misconceptions and share tools to help you plan your retirement with Serene Ng, who is part of the team administering the CPF LIFE scheme in CPF Board.Kickstart your retirement planning at cpf.gov.sg/CPFplanner

What happens to your CPF savings when you pass away without a nomination? Why can't you just rely on a Will to distribute your CPF savings? And how do you even make a CPF nomination?In this episode, we delve into the significance of CPF nominations in legacy planning with Nuraininadiah from CPF Board. Join us as we discuss the limitations of Wills in covering CPF savings, the implications of not having a CPF nomination, and the importance of regularly reviewing your nomination.Visit cpf.gov.sg/CPFNom to make your nomination today!

Are internships important? How should students determine which internships are the right fit, and how do you even go about securing one? Fret not.Tune in to this episode of Let's Talk CPF as Catherine Neo, who leads the internship team at Singapore Polytechnic, shares useful tips on finding the ideal internship for your professional growth and debunks common internship myths.

How much does it cost to own a pet? Is pet insurance necessary for our furkids?Financial planning is a crucial part of being a responsible pet owner. In this episode, hear from Dr Teo Boon Han, President of the Singapore Veterinary Association and Managing Partner at VetTrust Singapore, as he shares expert advice and tips on managing the costs of pet ownership in Singapore.

Does your salary increase with every job switch? Do employers see short stints as a red flag? In this episode, we explore the complex landscape of job-hopping and its impact on one’s career and skill development. NTUC’s e2i career coach, Eric Donny De Silva, and job-hopper Seline, offer insights into this trend, discussing its motivations and challenges. Tune in to gain valuable advice on navigating career transitions, which can help you make informed decisions in this dynamic job market.

NFS, D-NOA, AIS, FEDR - What are these terms and what do they mean? Tax season is upon us, with filing commencing on 1 March.Tune in for a crash course on filing your personal taxes and reducing your tax bill with Yi Jing, Manager (Individual Income Tax Division) at the Inland Revenue Authority of Singapore (IRAS). She will also share expert tips for both employed and self-employed taxpayers

With car ownership costs remaining high, you may have wondered whether car-sharing is a viable transport alternative. But how does it work and how exactly does it differ from car rental? If you have asked these questions before, then this episode is for you. Hear from Joel Koh, Content Manager at Seedly, as he shares his expertise and advice on how to make best use of car-sharing as one of your transport options.

With any big decision in life, it is always helpful to dedicate some time to research and consider options – and pre-planning for the unexpected is no exception. Rather than viewing pre-planning as a taboo subject, consider how doing this can benefit yourself and your loved ones in the future. Join Xiao Yan and Cynthia as they share why pre-planning is one of the most valuable gifts to our loved ones and how we can make a Lasting Power of Attorney (LPA), Advance Care Plan (ACP) and Advance Medical Directive (AMD).

We have spent most of our lives saving for retirement. But when retirement draws near, many of us do not know where and how to start enjoying the fruits of our labour. At what age should we start spending our retirement funds? Should we draw down from our CPF account first? How can our retirement nest egg last a lifetime?In this episode, Lorna Tan, Head of Financial Literacy Training, DBS Bank, answers all our questions on spending our retirement funds wisely, also known as decumulation.

Death can be a costly affair that saps your wealth! Find out how we can make estate plans to ensure we leave our loved ones with a legacy upon our demise.Albert Tan, Financial Literacy Trainer at MoneyOwl joins us for this podcast.

Is there a good age to teach children about money? How can you help them to differentiate between needs and wants? How do you teach your kids to be the next generation of consumers?Tune in to this episode to hear from Ferris Wee, Master Trainer at the Institute for Financial Literacy as he shares advice and practical tips on how he instils money sense in his child.If you've enjoyed this episode, you can read 3 things you didn't know about teaching your kid about money to revisit the tips!

Financial planning might seem overwhelming as a first jobber, but it helps when we break down big goals into small wins.Hear from Albert Tan, Financial Literacy Trainer at MoneyOwl, on how we can start out financial planning journey - from basic budgeting to investing.If you enjoyed this podcast and would like to find out more about how to be your own Small Wins CEO, you can read: How to win at adulting as a first jobber.

Should you pay off your mortgage early with cash on hand? Or is it better to invest this amount instead? Hear from Eileen Pang, Sales Director at MortgageWise.sg, as she breaks down the pros and cons of either option, and shares some alternatives that homeowners can consider to lower their monthly mortgage payments.

Do you give your parents an allowance? Why do you give your parents an allowance and how much is enough?Filial piety is important in Asian culture and those who do not ‘give back’ to their parents who have raised them are deemed ungrateful. Join our returning guests, Nicole Ng, Head of Learning and Partnerships and Priscilla Lam, Creative Lead from The Simple Sum as they share their personal experiences on how they navigated this and managed their parents’ expectations. They also share alternative ways on how you can show filial piety and love to your parents.And if you are new to the world of adulting, you can read: CPF for fresh graduates– what to know and do.

Singapore is home to more than 210,000 caregivers, with about 70% of them aged 40 and above. This “sandwiched generation” often have to deal with the financial, physical, and psycho-social responsibilities of caring for the elderly and the young.Does this resonate with you? Hear from Angela Kwek, Deputy Director, Healthcare Claims & Payment, CPF & May Heap, Senior Medical Social Worker, SingHealth Community Hospitals as they touch on the experiences that caregivers face. They will also share insights on the various support measures for current and future caregivers. Read how a recipient of CareShield Life continued to smile with the support from CPF in her recovery journey here.

Do you find yourself spending more now that you’re back in the office? Join Nicole Ng, Head of Learning and Partnerships and Priscilla Lam, Creative Lead from The Simple Sum as they discuss and share their experience being back at the office, how inflation, temptation and peer pressure have impacted their wallets and useful tips on managing your budget and peers.And if you're looking at ways to stretch your dollar and better plan your finances, you can read: How to manage your spending to counter inflation.

Working in an office or from anywhere in the world– Which would you prefer?With the introduction of more digital technologies, hear from our returning guest, Jeshua Soh, Principal at Decacorn Capital, entrepreneur and filmmaker on how he balances work while travelling, the challenges he faced and how remote work has changed his view on the future of work.

With most COVID-19 travel restrictions lifted, you may be planning your next holiday. But how do you make the best out of your travel budget?Tune in to this podcast with Jeshua Soh, Principal at Decacorn Capital, entrepreneur and filmmaker as he shares his experience travelling solo in 55 different countries across five continents and practical tips on how to stretch your dollar without sacrificing the experience.