Hi, I would like to seek your kind advice on the use cases of CPF Life vs Retirement Sum Scheme. If possible, could anyone do a simple rundown of numbers with the Full Retirement Sum?
I understand that for CPF Life, interest generated goes to the CPF Life "pool"
let's say based on the FRS of $186,000
Different use cases/getting the optimum yield when placed at retirement sum scheme vs park money with CPF Life
The numbers for RSS are shown explicitly. You may have to use CPF's website calculator.