Why you should maximise your CPF LIFE before other private annuity plans?
December 13, 2020 Pixabay Today, an average retiree is expected to spend $1,154 a month in retirement expenses and this is going to increase over the years. Thus, ensuring that we have a steady stream of income in our retirement becomes even more important. This is where CPF Life comes into play. CPF Life is a national life annuity scheme that guarantees lifelong monthly payouts after the age of 65 years old for Singaporeans. With more people being aware about how to use CPF for retirement planning and even accumulating 1 million or more in their CPF accounts , CPF Life is gaining public a...
Source: asiaone.com