CPF Retirement Planner

A CPF projection tool by XWave • Not affiliated with CPF Board

Beta

What's your retirement lifestyle goal?

I want to enter my own target amount

Your Details

Birth Year

Birth Month

Gender

Projection Until Age

How long the projection should run. Default 95.

Can CPF LIFE cover your retirement lifestyle?

57%

Estimated level payout: $1999/mo. Covers part of your $3,500/mo target.

$1999/mo CPF LIFE$3,500/mo target

0%100%

You may need $1501/mo from other sources.

Monthly CPF LIFE

$1999

Standard Plan

At age 65

Projected CPF at 65

$871k

OA + MA + RA combined

RA at CPF LIFE start

$369k

FRS target

Monthly Surplus / Shortfall

-$1501

Shortfall

Suggested Next Steps

→Try starting at 68 — Payout becomes ~$2640/mo, covering ~75% of your target. Your gap shrinks from $1501 to ~$860/mo.Click the 68 card below to select this option.

→Consider ERS instead of FRS — ERS could give ~$3996/mo, covering ~114% of your target. That's ~$1997/mo more than your current FRS projection.Select "ERS" in Retirement Settings and "Max out to ERS" to model this.

→Adjust your lifestyle target — Lowering from $3,500 to $2800/mo would bring coverage to ~71%.

What if I start CPF LIFE later?

Start at 65

$1999

/month

Earliest payout

Selected

Start at 68

$2640

/month

+$641 vs 65

Wait 3 years

Break-even: age ~77

Start at 70

$3186

/month

+$1187 vs 65

Wait 5 years

Break-even: age ~78

Note: Break-even age compares total payouts only. It does not account for opportunity cost, investment returns, or inflation. A later start means fewer years of payouts overall. Use this as a rough guide, not a precise decision tool.

Will CPF LIFE cover your lifestyle?

Red dashed line = your $3,500/mo target. Green area = projected CPF LIFE payout. The gap between them is what you need from other sources.

CPF Balance Projection ($'000)

Projection until age 95. Dashed line shows SA closure at 55.

Detailed Tables

⚠️ Beta Estimate: This calculator uses CPF rules and simplified assumptions to project CPF balances and CPF LIFE payouts. CPF LIFE payouts are not calculated using CPF Board's official actuarial model and may differ from CPF's official CPF LIFE Estimator. Future CPF interest rates, retirement sums, BHS, salary ceilings, and policies may change. Please verify final decisions with CPF Board or a licensed adviser.