Your CPF LIFE projected payouts may reduce as years go by and it is something you have no control of. Nope, you did not read that wrong.
Do not look away if CPF is a cornerstone in your retirement planning.
This article echoes the recent news “More clarity needed on CPF LIFE payouts” published in the Straits Times on 14th August with sentiments from the #SeedlyCommunity.
You may read the original article here.
Source: The Straits Times
Short Summary of What Happened: In January, Lim Tong Wah had requested a copy of the estimated payout for his CPF LIFE scheme from the age of 65 to 70. Lim wrote in again last month to request the same thing knowing that interest would have...
