When the CPF Advisory Panel announced recommended changes to the CPF system early this year, there were some suggestions on the ground that retirees withdraw the amount above the Basic Retirement Sum of $80,500 at age 55 and invest into REITs. This way, they could start receiving income from 55 years old onwards instead of having to wait till 65 years old to start receiving income from the CPF Life scheme. I am not sure if this is a good idea.   As a retiree, you would hope to receive stable or increasing passive income from your investments. How would the distributions from REITs appear to a retiree? The figures below show the annual distributions from REITs listed on Singapore Exchange that have a history of at least 8 years. Note that the distributions are unadjusted for any corporate actions such as rights issue. This is because, to a retiree, he ......