fbpx

CPF on FIRE: CPF LIFE, what’s the optimal approach?

Reading Time: 9 minutes Update (25/12/2018 12:00PM SGT): As pointed out by Adriel in the comments section (Thanks for the heads up!), the original post had the ERS amount incorrectly at 2x the FRS, however the correct amount is 1.5x the FRS. This has been fixed and it impacts the result of the withdrawal rate analysis. The CPF LIFE Scheme is a life annuity scheme that provides Singapore Citizens and Permanent … Read more