Blog Post  Enough in CPF for Retirement?
Recently, I had a conversation with my friend on how we can use our CPF to help us prepare for our retirement. As we were discussing, it made me realize that I am not aware of how much I need to retire and how much I would need in my CPF in order to fund that retirement. So after that conversation, I went back to take a closer look at my retirement needs and below is the result.

To start, I need to determine how much I will need monthly when I retire. I had come up with a rough estimate below based on today's dollar.

Category
SGD$/Month
Meal
900
Transport
200
Medical Insurance
500 (based on AIA)
Utilities/internet Bills
200
Misc
200
Total
2000

With this figure, I used CPF retirement estimator to see how much ...


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186 days ago

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cheongster

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