CPF LIFE Payout Calculator
Estimate how large your CPF Retirement Account could be at 65 and the rough monthly CPF LIFE payout that would support — in Singapore dollars. Free, no sign-up.
Your Details
Roughly your Special Account plus the part of your Ordinary Account you will not use for housing. Check your balances in the CPF app.
The share of your CPF contribution that lands in the Special Account, plus any voluntary cash top-ups (which also give tax relief).
The Special and Retirement Accounts pay around 4% (with an extra 1–2% on the first tiers of your combined balances).
Your Estimate
Indicative CPF LIFE Payout
$6,906/mo
from a Retirement Account of about $959,129 at 65
💬 In Plain Words
At 35 you are 30 years from the CPF LIFE payout age of 65. If your retirement-side CPF grows from $80,000 at 4% a year, plus $1,000 a month, it could reach about $959,129 by 65 — that is at or above the Enhanced Retirement Sum. On the Standard plan that supports a payout of roughly $6,906 a month for life.
How It Builds
Estimate for educational purposes, not an official CPF projection. CPF LIFE payouts depend on the plan (Standard, Basic or Escalating), the CPF LIFE interest and mortality assumptions, and the actual Retirement Account balance at 65 — this tool uses a single indicative payout factor of about 0.72% of the balance a month. The retirement sums shown rise each year. Use the official CPF retirement calculators for a precise figure.
How CPF LIFE Works
👋 Simple Explanation
While you work, your CPF contributions (20% from you, 17% from your employer if you are 55 or under) are split across the Ordinary, Special and MediSave accounts. At 55 a Retirement Account is created from your Special and Ordinary savings, up to the Full Retirement Sum. From age 65, CPF LIFE turns that balance into a monthly payout for life.
You can raise the payout by topping up your Retirement Account to the Full or Enhanced Retirement Sum (cash top-ups give income-tax relief up to a cap), or by deferring the start past 65 — each year of deferral adds roughly 7%. You cannot outlive a CPF LIFE payout.
Why You Need Savings on Top
For most people CPF LIFE covers basic living costs, not a full retirement lifestyle. The layers on top are the Supplementary Retirement Scheme (SRS) (tax deduction on contributions), low-cost index funds and REITs, Singapore Savings Bonds and cash. Use our retirement calculator to project that self-funded layer alongside your CPF LIFE payout.
Frequently Asked Questions
- What age does CPF LIFE start paying?
- The payout eligibility age is 65. You can choose to defer the start up to age 70, and each year of deferral raises the monthly payout by around 7%. The payout is for life, even if your Retirement Account is eventually drawn down to zero.
- How much does CPF LIFE pay?
- It depends on your Retirement Account balance at 65 and the plan you choose. As a rough guide, the Full Retirement Sum produces a payout in the region of S$1,600 a month, the Basic Retirement Sum around half that, and the Enhanced Retirement Sum roughly double. Deferring past 65 increases it.
- What is the difference between the retirement sums?
- The Basic Retirement Sum (BRS) can be met if you own a home; the Full Retirement Sum (FRS) is twice the BRS; the Enhanced Retirement Sum (ERS) is the maximum you can top up to (four times the BRS since 2025). A higher sum locked in your Retirement Account means a higher lifelong payout.