For a little background, this is a series of blog posts I have been writing since 2015 :

There were a couple of CPF-related changes effective this year (2022) and I felt that Endowus did a pretty good job with its blog post.

A lot more details has been covered in the Endowus blog post so I won’t repeat them here.

To recap, the Basic Retirement Sum (BRS) and Full Retirement Sum (FRS) for 2022 is $66,000 and $192,000 respectively.

At the personal front, I have managed to achieve BHS since 2018 and this has largely allowed for the annual interest earned in CPF-MA to help keep up with the yearly increase.

Assuming 4% yield on $63,000 is thus equivalent to $2,520 – not bad.