I stumbled across Investment Moats website last week about CPF Life. Curious, I went to the CPF life calculator website to check out what it really means to a 55 year old retiree with a minimum sum of SGD 155,000 in his/her retirement account. I was surprised that with just SGD 155,000, you will be entitled to get SGD 1,096 to SGD 1,215 per month from 65 years old onwards until you die !!! Wow, this is great ! Why is this great ? Assuming you were able to withdraw this full SGD 155,000 at 55 years old. At SGD 1K per month, this sum of money can only last you 13 years if you don’t invest the money (i.e. 68 years old). With CPF life, SGD 155,000 guarantees you a payout of SGD 1K per month until you die  (According to world bank, the average life expectancy of a Singaporean is 81.89 ......