Make the most of your wealth in retirement
"An apple a day keeps the doctor away" is a very well-known saying. For the elderly, though, it is particularly good advice. Living and eating well is the key to staying both healthy and wealthy in your retirement.
"The more the better, no matter how little" sums up the principle behind retirement fund management --- that is, it doesn't matter how small your retirement fund is, the most important thing is to manage it well.
Falling victim to fraud or having your assets stolen is particularly hard on the retired. How would you manage if you suddenly lost all of the funds you worked most of your life to accrue? With those savings gone, how would you ever be able to replace them? With little time to restore your finances, it is vital that you take special care of the assets and savings you have made for your retirement years.
The Mandatory Provident Fund (MPF) is part of your retirement fund. Before you decide what to do with the accrued benefits from your MPF account, you should know what options you have and what restrictions there are.