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2. Central Provident Fund - Wikipedia

   en.wikipedia.org/wiki/Central_Provident_Fund

   The OA and SA is combined to form the Retirement Account (RA) when one turns 55. The RA is used to meet basic needs during old age. The CPF savings earn a minimum interest of 2.5% for OA and 4% for other accounts. In addition, the first $60,000 in the combined CPF balances, with up to $20,000 from the Ordinary Account, will earn an extra 1% ...

3. How to manage your money after you retire - AOL

   www.aol.com/finance/manage-money-retire...

   5 steps for managing your money in retirement. As you’re planning for your retirement, you’ll need to forge ahead as best you can. You won’t have the safety of a job to bolster your finances ...

4. Defined contribution plan - Wikipedia

   en.wikipedia.org/wiki/Defined_contribution_plan

   A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.

5. Mandatory Provident Fund - Wikipedia

   en.wikipedia.org/wiki/Mandatory_Provident_Fund

   The Mandatory Provident Fund ( Chinese: 強制性公積金 ), often abbreviated as MPF ( 強積金 ), is a compulsory saving scheme ( pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations ...

6. How To Draw Up a Retirement Budget in 6 Key Steps - AOL

   www.aol.com/finance/draw-retirement-budget-6-key...

   Here are six key steps to build an effective retirement plan. 1. Review and Evaluate Your Expenses. The first step to creating a realistic retirement budget is to review your current spending ...

7. Top 4 retirement worries — and how to best deal with them - AOL

   www.aol.com/finance/top-4-retirement-worries...

   The inability to pay for long-term care is another major retirement concern, since seven out of 10 people will require this care at some point during their lifetime, according to data from ...