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What is CPF LIFE?

The CPF Lifelong Income For The Elderly (CPF LIFE) is a national longevity insurance annuity scheme that insures you against running out of your retirement savings, by providing you with a monthly payout no matter how long you live.

Unlike investment products which are meant to increase our wealth, insurance products help to protect us against life uncertainties.

CPF LIFE addresses the uncertainty of us outliving our savings by providing us with lifelong payouts.