CPF + CPF Investment Account reached a milestone of $400K. I only started investing in the Infinity S&P 500 Index Fund via Endowus in October 2020 and I'm pretty impressed with the returns of almost 16% so far. Makes me wonder why I bother investing in REITs at all when a passive index fund can generate such good returns. Should I just liquidate all the REITs and pump everything into VOO and VTI ETF?
Coming back to CPF, I would have $500k saved by now if not for the fact that I used part of the money for the monthly housing instalments after I bought my flat. Saving $1 million using your CPF is a possibility if you take Mr CPF Loo Cheng Chuan's advice to transfer your OA to your SA regularly, and invest your OA into a S&P 500 index fund when you reached your Full Retirement Sum (FRS).
The sad part is none of this $400k can help me achieve F.I.R.E. early because the money is locked in CPF till I turn 55/65. I'm going to have to work hard on saving more and getting better returns if I want to retire before 50.