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QCan I choose how much of my savings to use for CPF LIFE?

You will not be able to choose the amount of savings to use for CPF LIFE. The amount of annuity premium deducted from your Retirement Account (RA) will depend on the CPF LIFE plan you choose.

Your CPF LIFE monthly payouts would depend on the savings you have in your RA and your CPF LIFE plan.

*Payout figures are estimates, based on the CPF LIFE Standard Plan and computed as of 2020. They may be adjusted to account for long-term changes in interest rates or life expectancy. Such adjustments (if any) are expected to be small and gradual.

You can use the CPF LIFE Estimator to estimate your monthly payouts under the CPF LIFE plans.

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