If you wish to retire 10 years earlier than the official retirement age of 65, how much money do you need, if you know you will be getting some CPF Life annuity income at age 65?

I think many of you would entertain the thought of retiring at age 55, especially if you think you have accumulate wealth well through the years.

55 years old is also the age wherein an equivalent amount of the CPF Full Retirement Sum (FRS), Basic Retirement Sum (BRS), or any amount if you have less than that, is transferred to your CPF Retirement Account.

Any amount greater than your FRS and BRS can be withdrawn as cash from your CPF OA and SA account if you wish. Thus, for those who have accumulated well, they would have some excess money that they can tap at age 55. Retiring between 55 to 65