facebookWill our CPF Life payout ever be depleted before we kick the bucket? - Seedly

Anonymous

07 Jun 2019

CPF

Will our CPF Life payout ever be depleted before we kick the bucket?

I dead from the CPF website that we will get payouts from CPF Life until we die, but I saw a seedly post this morning stating we will deplete all our CPF Life savings in around 2 decades at most. So which is true? I'm confused.

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Jason Sing

07 Jun 2019

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Not true.
CPF Life is an annuity scheme that provides you with a monthly payout for life, so you won’t have to worry about outliving your savings.
https://www.areyouready.sg/YourInfoHub/Pages/Ne...

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Nicholes Wong

07 Jun 2019

Diploma in Business Management at Nanyang Polytechnic

When you deplete and still alive, you will still get monthly payout but you wont have any cpf for your family.

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