Advertisement

@@ Lim

09 Mar 2020

∙

By 65, you will have 1m. But how much can you actually get out ? CPF will give you the 1M out in how many years? Will you be able to take out that 1M out?

2

Discussion (2)

What are your thoughts?

Learn how to style your text

MT2020

09 Mar 2020

You will be under the cpf life plan and depending on the scheme you choose, you will get different payout rates.

Reply

Save

Jar

02 Mar 2019

You will be under CPF Life and with this $1m amount, u should have reached the Enhanced Retirement Sum. So u will have a lifetime payout of about $2k plus per month til death.

Reply

Save

Write your thoughts

Related Posts

24 y/o this year. How much should I top up every year in order to hit the FRS based on my current amount in CPF? And also how many year? Thank you!?

I would like to put 20k into my 23 yr old son CPF. Will I be able to get better returns in other investment over 30 plus years than CPF?

What happens when you reach annual CPF limit for the year? Does the amount, that previously would have been credited into CPF, now gets diverted and paid out as take home salary instead?

I wonder if I am able to get EHG as I started to get a full time work on this year January. However, I was working as a part timer before that, with CPF Contribution. Kindly assist.?

My parents are getting divorced and I am taking over the home ownership, because my mother is ineligible to do so. How to pay down the loan quickly, and how many years I should pay it within?

Related Posts

24 y/o this year. How much should I top up every year in order to hit the FRS based on my current amount in CPF? And also how many year? Thank you!?

I would like to put 20k into my 23 yr old son CPF. Will I be able to get better returns in other investment over 30 plus years than CPF?

What happens when you reach annual CPF limit for the year? Does the amount, that previously would have been credited into CPF, now gets diverted and paid out as take home salary instead?

I wonder if I am able to get EHG as I started to get a full time work on this year January. However, I was working as a part timer before that, with CPF Contribution. Kindly assist.?

My parents are getting divorced and I am taking over the home ownership, because my mother is ineligible to do so. How to pay down the loan quickly, and how many years I should pay it within?

Advertisement