Proposed Changes In The CPF Rules

Believe you are following recent talks about the change in the CPF rates etc.

With interest rates for CPF’s Special, Medi-save and Retirement Accounts peg to long term government bond yield by next year Jan 2008, we will have to have a re-look at our retirement fund.

The bond yield over the last 10 years ranged from 2% to 5%. Government will guarantee the floor rate of 4% for another 2 more years and thereafter it will be 2.5% with additional 1%.

You have also learned that one is to work beyond age 62. Minimum sum draw down age is going to be 65 or higher. The reason being that average life expectancy of Singaporean will rise to age 85 or higher.

So to have a better life in later part of our life, we need to plan early for our retirement. You may have to think seriously how to invest your CPF fund wisely to meet long term goal without taking unnecessary excessive risk.

Given the changing circumstances, really we will have no choice but to start planning now.

I welcome you to contact me if I can be of help to you.

Hi folks

Sorry lah – I have not been writing for sometime now ‘cos busy with something else. Hope everyone is fine and doing well.

I have recently visited a friend who suffers from colon cancer. I can feel the immense pain he is undergoing now and the worries caused to his family.

Just wondering whether can colon cancer be prevented and I ask myself is dieting the main cause of this scaring illness. Whatever it is, do not wait for thing to happen better to do something now while we are healthy.

So you may want to think about these :-


Early detection of colon cancer and the prevention

Actually, colon cancer could be avoided if you take care of your health. If you foster a healthy lifestyle with healthy diet, the occurrence of colon cancer may be reduced. If cancer patients know their illness earlier, they could go for treatment and may control the illness before it worsens. Please take note that early detection of the cancer condition and taking care of health may control the illness from aggravation.

How to prevent colon cancer?

· Identify the risk of colon cancer you may face and go for body
checkup as soon as possible.
· Increase vegetables, fruits and fibre intake, however, reduce meat intake.
· Consume multivitamins to make sure calcium and selenium intakes
are sufficient.
· Exercise regularly.
· No smoking.
· For women in menopause, intending to have hormone therapy,
please consult physician before proceeding.
· Please consult your physician opinion if you are taking aspirin
for your heart and intestines daily.