CPF Life. Have been watching Youtubers on CPF Life. There are lots of discussion in Telegram on it. Then often then not, people will touch on return of investment of CPF life. And then will go on one should live to get as much from it as possible. This never get's into my head. Why on earth do we bothered about able to live longer to gain most from it, joke aside.
As I understood, CPF Life is an Annuity plan for life. In my financial plan, CPF is not the core of my retirement. Is useful as in it provides basic insurance protection. So what's more interesting to me is how much it will provides to cover my basic living expenses therefore some relief figures in my portfolio investment returns.
In fact, if one depends mainly on CPL life, chances are they likely do not have enough to invest outside CPF....