How do I know how much my CPF monthly payout will be when I retire?
There are three payout tiers in the CPF plan. The monthly payments are based on how much you have at age 55. See below for the ranges, but also visit the CPF website for any updates: https://www.cpf.gov.sg/members/schemes/schemes/retirement/cpf-life
- $83,000 SGD --> expected payout per month is 700-750
- $166,000 SGD --> expected payout per month is 1228-1383
- $249,000 SGD (max amount allowed in retirement account) --> Expected payout per month is 1800-2000