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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:

  1. $83,000 SGD — expected payout per month is $720 to $770 SGD
  2. $166,000 SGD — expected payout per month is $1,320 to $1,410 SGD
  3. $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.