Based on the two official replies from CPF
1. Estimated Monthly Payout from 65 to 88 is about $1,180
2. Estimated Monthly Payout from 65 to 90 is about $1,130
Read? I am on Retirement Sum Scheme (RSS) (4)
29 Dec 2019 09:20 PM
You
I already know the estimate from the calculator. But it only gives up to 23 years at 88 yrs old.
How about from 89 to 90?
What is the monthly payout?
---------------------------------------------------------
Dear Mr Ng
We refer to your email of 29 December 2019.
If you would like your payouts to last you till age 90, you can request to adjust your payouts to about $1,130 if you were to commence payout from age 65 in September 2021.
The actual payout rate will depend on your age and your RA balances when your payout application and request is processed. Your request will be assessed on a case-by-case basis as well.
Do note that you will need to submit your request...