Charles Advisory

  • CPF LIFE at 65: What Happens Now?

    You have reached 65, the start of your retirement. You are expecting monthly payment from your CPF Life, but how much are you getting? Why hasn’t CPF notify you about choosing your plan? How much can I pass on to my loved ones? We will try to answer these questions in this post. What is…

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  • CPF 2025: What’s Changing

    Significant changes to the Central Provident Fund (CPF) system will take effect in January 2025, notably the closure of the Special Account for members aged 55 and above. Contributions will increase for members aged 55 to 65, along with an increased wage ceiling. Staying informed is crucial for effective financial planning.

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  • MediShield Life premiums are rising—how will this affect us all?

    The Ministry of Health announced a 22% increase in MediShield Life premiums from April 2025 to March 2028. Despite concerns over affordability, the government has allocated $4 billion for subsidies and support. This includes increased MediSave top-ups and bonuses, aiming to mitigate the financial impact on citizens while enhancing coverage.

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