facebookBesides CPF life, what are your other income sources during retirement? - Seedly

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Ryan Yap

Retirement Specialist at AIA

12 Dec 2022

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CPF

Besides CPF life, what are your other income sources during retirement?

CPF Life gives a monthly lifetime payout from age 65 onwards and all Singaporeans should definitely make use of this great annuity plan for their retirement income.

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however, even at the ERS, CPF Life currently pays out about 2000+/month. this amount may be enough for some, however for those who wish to live a more luxurious lifestyle, they should ideally have more income coming in monthly. Especially also taking into account that lifestyle expenses will increase with inflation.

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Stock dividends, privite annuity.

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