January 2023 Net Worth Update

< p estilo="texto-alinear: centro;">S$1.38 million
Welcome to my first net worth update in 2023. My net worth increases $33k 2.4% to $1.38m, another all-time high! The increase is mainly due to CPF interest for 2022, CPF contributions, and savings from January 2023 salary. My CPF makes up the majority of 38% of my wealth. Although I have no liquidity, it is my safety net to unlock if I could live over 55 years. I have already reached the full retirement sum at CPF SA and was only able to top up my Medisave account to the basic health care sum of $68.5k. I will also top up my mom’s CPF Retirement account with $8k. My shares and Reits in the SGX Income Portfolio make up 22% of my net worth. I will slow the pace of adding high-quality S-Reits as low-risk assets such as time deposits, short-term government bonds are yielding more than…