The article talks about what CPF is, misconceptions and benefits. Chuin Ting was quoted in the “benefits” section:
With this interest, along with one’s employer’s contributions, youths can grow their money up to as much as eight times over 40 years, said Chuin Ting Weber, CEO of MoneyOwl, a bionic financial advisor.
“Leaving your CPF savings within the system to grow with the power of compound interest can grow your S$1 into more than S$8. That’s a whopping 800% growth,” said Weber.
