Someone asked why my forensic yield floor sits at 3.2% and not some round number. The answer isn’t a formula—it’s CPF SA paying 4.0% guaranteed, the only SGD rate that actually makes dividend investors sweat. I walk through why T-bills and Savings Bonds don’t clear the bar, why most people can’t just top up SA forever, and what that means when a REIT dangles 3.8% and calls it decent.
Key takeaways:
CPF Special Account pays 4.0% p.a. through end-September 2026, government guaranteed
My 3.2% floor and 4.7% hurdle track from SA’s rate, not market convention
Six-month T-bills sit around 1.6% to 1.7%, Savings Bonds average 2.1% to 2.25%
CPF Retirement Sum Topping Up Scheme exists but hits a ceiling you can’t exceed
Market REIT fair value runs higher than my retirement suitability floor—different questions
Iggy’s Forensic Disclaimer
This content is produced for educational and informational purposes only. I am not a financial advisor — I am a retail investor who applies forensic analysis to my own portfolio and shares that process publicly. Nothing here constitutes a recommendation to buy, sell, or hold any security, and no specific target prices or personalised financial advice are offered. Stocks assessed under Iggy’s Forensic Yield Standard are benchmarked against a 4.7% minimum yield hurdle; stocks flagged as Growth Watch fall below this threshold but demonstrate clean balance sheet metrics and an identifiable growth catalyst — these carry a materially different risk profile and are not suitable as yield replacements for income-dependent investors. All data is sourced from public filings and verified sources; where data is unverified it is explicitly flagged. All investments carry risk, including the potential loss of principal, and past performance is not indicative of future results. If you are making investment decisions involving CPF, SRS, or personal capital, please conduct your own due diligence or consult a MAS-licensed financial adviser before committing funds.
