Recently, I had a conversation with my friend on how we can use our CPF to help us prepare for our retirement. As we were discussing, it made me realize that I am not aware of how much I need to retire and how much I would need in my CPF in order to fund that retirement. So after that conversation, I went back to take a closer look at my retirement needs and below is the result. To start, I need to determine how much I will need monthly when I retire. I had come up with a rough estimate below based on today's dollar.   SGD$/Month Medical Insurance 500 (based on AIA) Utilities/internet Bills
With this figure, I used CPF retirement estimator  to see how much...