Reader: Hi AK, apologies for the multiple questions from me. ???? I am looking to help my parents with their retirement planning and hope you could shed some light. For convenience of calculation and discussion, assuming the following hypothetical figures, can you share how you would do the planning? Parent A - 500k cash parent b - 300k cash, Zero CPF for both, No existing loans at all Children all financially independent Require about 2k per mth for expenses Occasional traveling Given the above I was thinking of topping up their retirement account to the ERS and opt into cpf life at 65. The remainder will be kept in minimum risk instruments like FDs etc and maybe just a small percentage into shares. Hope you can help me out in your free time. Thanks a lot! Both parents have basic health insurance. I am thinking of getting them to surrender their whole life policy bought donkey years ......