Asked by Mr. mike tan
Hi,
Would like to check with any experts if I need to fulfil minimum sum after selling my hdb flat before 55. Most of the flat was paid using cash with only about $60k using cpf. As I do not want to pay cash into cpf to fulfil minimum sum now or in future, would you advise to sell the flat before I reach 55? The govt may change its policies anytime which is a worry for me n my wife coz we won't get back a cent if the sale proceeds would have to pay for both our minimum sum.
Would like to check with any experts if I need to fulfil minimum sum after selling my hdb flat before 55. Most of the flat was paid using cash with only about $60k using cpf. As I do not want to pay cash into cpf to fulfil minimum sum now or in future, would you advise to sell the flat before I reach 55? The govt may change its policies anytime which is a worry for me n my wife coz we won't get back a cent if the sale proceeds would have to pay for both our minimum sum.
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