Personal Finance
CPF’s New Personal Retirement Income Planner Tells Me I Secured a $1,430 to $1,770 Real Monthly Income to Successfully Cover My Most Important Retirement Lifestyle
By Investment Moats  •  March 18, 2023
After my post exploring if I managed to successfully secure a $1,110 monthly, inflation-adjusted income stream today when I reached CPF FRS, I was informed that there is a new CPF Retirement Income calculator for younger CPF members. This calculator allows you to assess your current CPF SA monies and your future income contributions, how much income you can have at 65 years old, and what is the shortfall you need to top-up to reach your desired income. How helpful is this calculator? It greatly help what I was trying to do in the last article. It can also help if you are a financial planner trying to calculate how much retirement income your client can have with CPF LIFE. Let us go through the calculator. CPF Retirement Income Planner To create a personalized retirement income plan, go to this CPF Site. You will need to log in to CPF using your SingPass....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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