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 grow our wealth, insurance products, like CPF LIFE, help to protect us against life's uncertainties.

With CPF LIFE, you can have peace of mind knowing that you will have a steady stream of lifelong income to support your retirement needs. This way, you can enjoy your golden years without having to worry about financial uncertainties, no matter what age you live to.

This information provided here is sourced from the CPF website.