Read? I am on Retirement Sum Scheme (RSS) (2) Read? THE CONFUSING MATH BEHIND RETIREMENT SUM SCHEME AKA CPF LIFE PREDECESSOR What CPF hasn't clearly stated the monthly payout from 85 to 90 and assuming starting payout at 65. Based on Uncle8888 DIY calculator on his computed RA balance at 65. The CPF estimated monthly payout of $1,180 for 23 years estimated duration is close to his own calculation based on 4% CPF RA compound interest. However; what is the monthly payout after 23 years from those accumulated extra interests compounded over 35 years is NOT known? CPF calculator stopped functioning!!! Spoil liao!!! LOL! Retirement Sum Scheme Q Why is extra interest used to extend payout duration by up to 5 years after age 85 and not use extra interest to increase payout amount? A Using extra interest to extend payout duration ensures that more members are protected against the risk of outliving their payouts. In 2018, more than half of...