Edited 06 Feb 2022
Or to remain under the original retirement scheme?
My thoughts is that CPF life seems better… just that Im not sure how this really works out, as they have quite minimal in cpf now.. estimated RSS payout is abt $250 monthly for less than 7 years (under RSS scheme).
Any advice would help, really appreciate it!
Tan Choong Hwee
05 Feb 2022
Investor/Trader at Home
What are their current RSS payouts amount?
RSS payouts would be stopped once RA is depleted.
Joining CPF LIFE would mean receiving lower amount of monthly payouts than RSS payouts, but can last for a lifetime.
Can use CPF LIFE Estimator to check the estimated payouts if you top up their RA:
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