Who can use the Monthly Payout Estimator?
The Monthly Payout Estimator is primarily designed for CPF members aged 55 to 79. However, you can also adjust the details and use it to simulate payouts for your family members or loved ones.
How It Works:
- For Yourself: If you are aged 55 to 79, you can log in using your Singpass and estimate your monthly payouts based on your Retirement Account balance.
- For Others: You can simulate payouts for your family members or loved ones by:
- logging in with your Singpass.
- updating the birth year in the tool to match the person you are helping.
- entering their Retirement Account balance or the amount you wish to simulate.
If you are below age 55, you can use the Retirement Payout Planner to set retirement income goals and visualise your projected savings and payouts, helping you plan ahead effectively.
This information is sourced from CPF
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