If you are not automatically included CPF LIFE and did not opt to join CPF LIFE to enjoy lifelong payouts, you will receive monthly payouts which will stop when your CPF savings run out. Your monthly payouts are calculated to last you up to 20 years, with the extra interest earned on your retirement savings helping to extend the payout duration up to 90 years old.

 

Find out why you should be concerned about outliving your savings.