I do not pay much attention to the CPF LIFE scheme because I feel that it is grossly inadequate to fund my retirement lifestyle. Once you have obtained 1M65, you will discover that it will far outweigh whatever CPF LIFE is able to offer you. CPF LIFE exists because there are many out there who are unable to manage their retirement funding properly and CPF LIFE can function as a form of a safety net for this group of people.
I am not a fortune teller. Thus, I would not know whether CPF life payout will begin later than age 65 in future . However, what I am certain is that one should tap on CPF to grow his / her funds.
This is most likely guaranteed to happen. We're living longer and CPF has to remain sustainable. We ...
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