CPF Interest for 2019

On the first day of 2020, I woke up at close to noon. Upon surfing EDMW in HWZ forum, I saw this thread.

Seeing that many forumers have already checked their CPF accounts and rejoiced at the interests that they have earned without really working for it.

Usually in the past, it takes 2 to 3 working days before our CPF accounts are updated with the interest amount. In 2020, CPF board has become more efficient! 

So I checked my CPF too. I was expecting around 8k of interests. I have not really computed and did not know how to compute accurately the interests as the amounts contributed to CPF throughout the various months in 2019 has really made things complicated.

$10,679.05

Not bad! Free money from the gov earned by funds from not sure Temasek or GIC. Anyway the money in CPF are just numbers till we unlock after 65 yrs old. But on paper, it will be a massive boost to my net worth. 

Anyway, CPF interests are a form of passive income from Risk Free Nationwide Bond. We do not need to sweat out to earn it. I am pleased and happy with the first surprise in 2020.

Let's charge towards Freedom! Chiong ah!

With Love & Peace,

Qiongster