Net Worth Breakdown:
Safe Heavens (60%)
CPF (34%): CPF still constitutes the bulk of my net worth and foundation of my retirement savings. It is a low hanging fruit tree that we should not ignore.
Cash and war chest (17%): Liquid reserves strategically stashed in fixed deposits and Fullerton cash funds earning around 1+% p.a. provide me some peace of mind and security for unexpected expenses or investment opportunities.
Bonds (9%): A balanced portfolio of low-risk Singapore Savings Bonds and Astrea PE Bonds ensures stability and provides steady source of passive income.
Retirement Savings (16%)
SRS (12%): A tax-deferred savings account serving as a supplementary source of retirement savings. My SRS funds are invested in $30k of SSB and 6 local stocks – Comfortdelgro, DBS, OCBC, Keppel DC Reit, Keppel Reit and Wilmar….
