Part 2/8:
When Singaporeans reach 55, they can withdraw a specified amount of their CPF, but the remaining funds are usually transferred into a Retirement Account (RA).
She learns that the CPF not only allows withdrawal but also offers attractive interest rates, with the first $30,000 earning 6% annually, next $30,000 at 5%, and the remainder at 4%. This tiered interest structure incentivizes leaving savings untouched for better growth.