facebookParent 65, still RSS now, is it better to switch to CPF Life? With 5k in RA, does it make significant difference in payout if cash available for top up is not much? - Seedly

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Anonymous

Edited 02 Jun 2022

CPF

Parent 65, still RSS now, is it better to switch to CPF Life? With 5k in RA, does it make significant difference in payout if cash available for top up is not much?

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Tan Choong Hwee

02 Jun 2022

Solutions Specialist at Providend

For RSS, with $5k in RA and min monthly payout of about $297, it only lasts about 17 months. Any cash top up to RA wouldn't increase payout amount, but extend payout further.

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