CPFB | Grow my savings

Grow my savings

Small habits have the potential to create a big impact on your financial journey. Explore how you can grow your savings to meet your financial goals.

Nurture good saving habits today for confident financial decisions tomorrow

Automate your savings

Set aside a portion of your monthly income into dedicated savings accounts for your short-term and long-term goals. This simple step allows you to build your savings steadily with minimal effort.

Enjoy tax relief of up to $16,000* while growing your CPF savings

Get dollar-for-dollar tax relief of up to $8,000 for cash top-ups made to your CPF Special Account, and an additional $8,000 for top-ups made to your loved ones.

*Terms and conditions apply.

Review your finances regularly

Tracking and reviewing your savings and expenses enables you to make better financial decisions, helping you make progress towards your financial goals.

Start planning for your future today

Retirement Payout Planner

Got a savings goal? The Retirement Payout Planner helps you visualise your CPF savings and retirement needs. See how close you are and how much more you may need to save to support the retirement lifestyle you want.

Let's start

Make a cash top-up

Boost your savings now for higher payouts in the future, bringing you closer to your financial goals.

Top up now

Planting the seeds of compound interest

Watch Institute for Financial Literacy, Master Trainer Joseph and CPF member Irene as they share simple habits that can help to boost your savings. Discover how saving regularly and compound interest can help you reach your financial goals with greater ease.

3 simple habits to boost your savings

It’s easy to feel overwhelmed when starting a saving habit.

Simple and manageable actions, such as automating your savings can make a significant impact on your financial goals.

Find out how

Here's how others are making the most of their savings with simple habits

"Savings are important for rainy days. I determine what's financially sufficient and stick to my principles to achieve it. I use discounts wisely, assess trade-offs, and commit to budgeting and investment goals by committing to fixed targets."

- Jia Hong, 30, Manager

"A little saving goes a long way, like piecing together a puzzle, bit by bit. With rising living costs, finding affordable alternatives of similar quality can help boost savings without sacrificing enjoyment. I also take regular walks to clear my mind, helping me make better financial decisions and stay mindful of my spending."

- Wei Zhong, 39, Agency Consultant

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