Personal Finance
What is CPF Life?
By Planner Bee  •  March 13, 2023
For those who’ve just started working, you would realise that for the average Singaporean, a portion of our monthly salary goes to the Central Provident Fund (CPF) Scheme. This money is meant to be accumulated for your retirement, so that you can live through your golden years, worry-free. But… ever wondered how much you would get from your CPF during retirement? Are the monthly payouts enough? Is CPF LIFE truly for life? Here’s everything you need to know about the CPF LIFE scheme!
  • What is CPF LIFE?
  • Retirement Sum Scheme VS CPF Life
  • Am I eligible for CPF LIFE?
  • Which CPF LIFE plan is better? Basic, Standard or Escalating Plan?
  • Hitting the Basic, Full or Enhanced Retirement Sum
  • How much will I get from CPF LIFE?
  • How Do I Increase My CPF Payouts?
What is CPF LIFE?...
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By Planner Bee
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