🇸🇬 CPF Life Payout Estimator

CPF Life Payout Estimator

Estimate your monthly CPF Life payouts in retirement. CPF Life provides lifelong income for Singapore citizens and PRs based on your Retirement Account (RA) balance at 65.

CPF Details

Estimate your lifelong monthly payout

Current Age

Current CPF Ordinary Account (OA)

Current CPF Special Account (SA)

Monthly CPF Contribution (employee + employer)

CPF Life Plan

📊 2024 CPF Retirement Sum Targets

Basic Retirement Sum (BRS): S$106,500 → ~S$850-900/mo
Full Retirement Sum (FRS): S$213,000 → ~S$1,670-1,800/mo
Enhanced Retirement Sum (ERS): S$384,000 → ~S$2,890-3,100/mo

Expected Retirement Age

Projected RA at 65

—

vs FRS Target

—

Monthly Payout

—

Annual Income

—

Current OA Balance	—
Current SA Balance	—
Years to 65	—
Projected RA at 65	—
CPF Life Plan	—
Monthly Payout (est.)	—
BRS (2024)	S$106,500 → ~S$875/mo
FRS (2024)	S$213,000 → ~S$1,730/mo
ERS (2024)	S$384,000 → ~S$2,995/mo

⚠️ This is an estimate only. Actual CPF Life payouts depend on your exact RA balance at payout age, CPF interest rates, and the prevailing payout schedule. Check cpf.gov.sg for official estimates.

FAQ

What is CPF Life?

CPF Life (Lifelong Income For the Elderly) is Singapore's national annuity scheme providing monthly payouts for life from age 65. It's funded by your CPF Retirement Account (RA). Joining is mandatory for most Singapore Citizens and PRs with at least S$60,000 in their RA.

What are the three CPF Life plans?

Standard Plan: Highest monthly payouts. Basic Plan: Lower payouts but a higher bequest (unused premium returned to beneficiaries). Escalating Plan: Payouts start lower but increase by 2% per year — good hedge against inflation.

What is the Retirement Account?

Your RA is created at age 55 by combining your OA and SA balances up to the Full Retirement Sum (FRS). Savings above FRS stay in your OA. Your RA earns CPF interest (4% floor rate in 2024).

Can I increase my CPF Life payout?

Yes: (1) Use Retirement Sum Topping-Up Scheme to top up SA/RA with cash or CPF transfers, (2) Delay payouts from 65 to 70 (+8% payout per year delayed), (3) Maintain higher holdings in SA (earning 5% vs OA 2.5%).