How do I know how much my CPF monthly payout will be when I retire?
There are three payout tiers in the CPF Life plan. The monthly payments are based on how much you have in your Retirement Account Savings at 55. See below for the expected monthly payout ranges for the Standard plan:
- $83,000 SGD — expected payout per month is $720 to $770 SGD
- $166,000 SGD — expected payout per month is $1,320 to $1,410 SGD
- $249,000 SGD (max amount allowed in retirement account) — Expected payout per month is $1,910 to $2,060 SGD
Please visit the CPF website for any updates here.